- Siemens Energy has secured a $1.6 billion contract to supply technology for two gas-fired power plants in Saudi Arabia, boosting the national grid by 3.6 GW.
- The project, which includes long-term maintenance agreements, supports Saudi Arabia’s goal of achieving net zero emissions by 2060 and enhances local production at Siemens Energy’s Dammam Hub.
On Wednesday, March 12, Siemens Energy announced it had been awarded a $1.6 billion project to provide technology for two gas-fired power plants in Saudi Arabia. Rumah 2 and Nairyah 2 plants will be located in the country’s western and central regions.
According to a statement from Siemens Energy, the project aims to add 3.6 gigawatts of power to Saudi Arabia’s national grid. This project is part of Saudi Arabia’s broader effort to expand and modernise its energy infrastructure.
It includes long-term maintenance agreements, ensuring the plants’ operational reliability over the next 25 years. Harbin Electric International will be the project’s contractor, working alongside Siemens Energy to deliver the necessary technologies and services.
“Supplying key technologies for the Rumah 2 and Nairyah 2 power plants directly supports Saudi Arabia’s energy transition and its goal of achieving net zero emissions by 2060,” said Ahmed El-Serry, head of gas services sales for the Middle East.
He continued, “By manufacturing critical components at our Siemens Energy Dammam Hub, this project further strengthens local production capabilities and builds expertise within the country, contributing to a more resilient energy sector.”
Siemens Energy’s involvement in this project reflects its commitment to contributing to Saudi Arabia’s long-term energy goals. Enhancing the company’s local production capabilities strengthens Saudi Arabia’s energy sector and reduces import dependency.
This project is part of Siemens Energy’s broader strategy to help shape a sustainable energy future for the country.
This project further strengthens Siemens Energy’s established presence in Saudi Arabia’s Independent Power Producer market. It solidifies the company’s role in delivering a significant share of the Kingdom’s modern power generation.
The move follows the success of previous projects, such as Taiba 2 and Qassim 2, which added 4 gigawatts of power to the national grid together.
These past successes, alongside the new Rumah 2 and Nairyah 2 plants, highlight Siemens Energy’s ongoing contributions to Saudi Arabia’s ambitious energy transformation.
As Saudi Arabia works toward diversifying its energy mix and meeting its environmental targets, this project marks another critical step in that journey.