Mitsubishi Power highlights power generation tech in Saudi Arabia

Mitsubishi Power highlights power generation tech in Saudi Arabia
Representatives from Mitsubishi Power at the IKTVA event. Supplied
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Updated 15 January 2025
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Mitsubishi Power highlights power generation tech in Saudi Arabia

Mitsubishi Power highlights power generation tech in Saudi Arabia

RIYADH: Mitsubishi Power, a brand of Mitsubishi Heavy Industries, reaffirmed its commitment to Saudi Arabia at the Saudi Aramco In-Kingdom Total Value Add Forum in Dammam, where it participated as a platinum sponsor.

The company highlighted its contributions to power generation technology, localization and sustainability, aligning with Saudi Vision 2030.

In August, Mitsubishi Power took on a major project in Saudi Arabia by providing advanced M501JAC gas turbines for a new power plant at the Saudi Aramco Total Refining and Petrochemical Company facility in Jubail. These turbines generate electricity efficiently and are ready to use hydrogen as fuel in the future.

The power plant will produce 475 megawatts of electricity and steam for industrial use. The site will also include one of the Gulf’s biggest machines for turning oil and gas into materials used to make everyday products, such as plastics.

“Mitsubishi Power is honored to bring our industry-leading and best-in-class Japanese technology solutions and services to the Kingdom to power its bold and ambitious vision,” said Adel Al-Juraid, CEO of Mitsubishi Power Saudi Arabia. “The Kingdom is moving forward at a rapid pace to establish itself as a vital sustainable energy hub, and we will be alongside it, building on our long and successful heritage to support its power needs.”

Supporting localization efforts, the company will assemble its JAC gas turbines, which can blend hydrogen with natural gas, at its Dammam facility. The turbines, with a combined efficiency rate exceeding 64 percent, align with Saudi Arabia’s industrial growth and sustainability goals.

“At Mitsubishi Power, we are proud to contribute to Saudi Vision 2030 by harnessing the talent of young Saudis, both male and female, and empowering them with skills to shape the future of Saudi Arabia’s energy industry,” Al-Juraid said.

“With the localization of our assembly operations for our cutting-edge gas turbines, this year marks a new chapter in our 60-year journey of partnership with the Kingdom. We remain committed to supporting a clean and sustainable energy future for decades to come,” he added.

At IKTVA, the company displayed advanced technologies, including hydrogen-fueled turbines, reflecting its commitment to Saudi Vision 2030 and the Saudi Green Initiative.


Saudi Arabia, China explore joint investment opportunities in advanced industries

Saudi Arabia, China explore joint investment opportunities in advanced industries
Updated 9 sec ago
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Saudi Arabia, China explore joint investment opportunities in advanced industries

Saudi Arabia, China explore joint investment opportunities in advanced industries

RIYADH: Saudi Arabia and China are deepening their industrial cooperation as the Kingdom accelerates efforts to attract high-value investments and strengthen global partnerships in advanced manufacturing and technology.

Minister of Industry and Mineral Resources and Board Chairman of the National Industrial Development Center Bandar Alkhorayef chaired a meeting of the center with a delegation comprising leaders of more than 30 Chinese companies, according to the Saudi Press Agency.

The two sides discussed ways to enhance industrial cooperation between Saudi Arabia and China and explored joint investment opportunities in several high-value industries, notably machinery and equipment, semiconductors, and advanced manufacturing technologies.

Held in the Saudi capital, the meeting reviewed the Kingdom’s competitive advantages in the industrial investment landscape, the key enablers offered by the industrial ecosystem to facilitate investments, and promising opportunities across advanced sectors.

It also discussed avenues for knowledge exchange, technology transfer, and innovative industrial solutions, in addition to cooperation in supply chains and other areas of mutual interest.

Several entities within the Saudi industrial ecosystem presented overviews of their capabilities and services to support industrial investors, including the Royal Commission for Jubail and Yanbu, the Local Content and Government Procurement Authority, and the Saudi Authority for Industrial Cities and Technology Zones, known as MODON, as well as the Saudi Industrial Development Fund, and the Saudi EXIM Bank.

The meeting was attended by senior officials from the Saudi industrial sector and a Chinese delegation led by the vice president of Tsinghua University, along with executives from around 30 Chinese companies specializing in industry and technology.

The gathering comes as part of the center’s efforts to strengthen international industrial partnerships, attract high-quality investments, and connect local and international investors with promising opportunities in targeted sectors — supporting sustainable industrial development and enhancing the sector’s role in diversifying the national economy in line with Saudi Vision 2030.