The Saudi Power Procurement Company (Principal Buyer) has prequalified 27 leading developers including global utility majors EDF, Kepco and Marubeni as well as regional heavyweights Masdar and Acwa for its second group of Battery Energy Storage System (BESS) projects with a total capacity of 12,000 MWh.
Korea Electric Power Corporation (Kepco) has announced that it has secured contracts worth $1.4 billion from Saudi oil giant Aramco for the construction and operation of the second phase of the kingdom’s Jafurah cogeneration power plant which, on completion, will boast a 331MW capacity.
The Emirates Nuclear Energy Company (ENEC) has signed a strategic memorandum of understanding (MoU) with Korea Electric Power Corporation (Kepco) to expand cooperation in advanced nuclear technologies, artificial intelligence (AI), and digital transformation to support the UAE's and South Korea’s civil nuclear fleets.
