SEC is one of the region’s biggest utility companies, the main producer of electricity, and the sole owner of transmission and distribution networks throughout Saudi Arabia, serving around 11 million ...

Saudi Electricity earns SAR 5.6B after Mudaraba in 9M 2024; Q3 at SAR 4.7B 9 M 2024 SEC profit after Mudaraba up 25% to SAR 870M in H1 2024; Q2 at SAR 2.15B 6 M 2024 Saudi Electricity cuts losses ...

The National Anti-Corruption Commission (Nazaha) has accused some officials and employees at the Saudi Electricity Company (SEC) in the Eastern Province of misusing public funds. Nazaha referred ...

The Bisha battery storage facility, owned by Saudi Electric Company (SEC), features 122 prefabricated storage units, designed and supplied by China’s BYD. Each unit integrates a 6 MW power ...

The Saudi Electricity Company (SEC) signed a memorandum of understanding (MoU) with Hitachi Energy to adopt advanced technology for electrical switches and circuit breakers that are free from sulfur ...

The SERA Board of Directors instructed the Board of Directors of the Saudi Electricity Company to conduct an internal investigation into the incident to determine the root causes behind this outage ...

American conglomerate GE announced that it has won a contract worth nearly $1bn from the Saudi Electricity Company for a power plant in the kingdom. Under the contract, GE will provide the ...

The Electric Vehicle Infrastructure Company (EVIQ) — a joint venture between the Public Investment Fund (PIF) and the Saudi Electricity Company (SEC) — has signed a Memorandum of Understanding ...

Saudi Electricity Company (SEC) has awarded major contracts to Chinese group BYD Auto Company and Saudi utility major Alfanar Projects for developing Battery Energy Storage Systems (BESS ...

Telefónica’s second-largest shareholder in terms of voting rights and is seeking representation on the company's board of directors.