Saudi Arabia at the forefront of regional power investment drive

Dr. Nayef Bin Mohammed Alabbadi, Deputy Minister, Ministry of Energy, Industry & Mineral Resources, opens the inaugural edition of Middle East Electricity Saudi

RIYADH — As day one of Middle East Electricity Saudi gets underway in Riyadh, Dr. Nayef Bin Mohammed Alabbadi, Deputy Minister, Ministry of Energy, Industry & Mineral Resources officially inaugurated the exhibition in the presence of other government dignitaries and VIP industry peers.

The event is strategically aligned with the Saudi Vision 2030, and the organizers have partnered with institutions such as the Saudi Electricity Company who has given the guidance needed to make sure what is on offer at the show is exactly what the industry needs.

There is a lot of activity currently taking place in the Kingdom which is at the forefront of a regional power investment drive. According to the ‘GCC Power Market’ report commissioned for Middle East Electricity 2018 by Ventures Onsite, the value of power construction contracts awarded throughout the GCC in 2018 hit approximately $23.6 billion.

“Our plan is to grow Middle East Electricity Saudi to become one of the Kingdom’s leading platforms for the power industry to come together, share ideas, trade and network at the highest level. Now that the doors are finally open, we are already seeing a lot of networking with thought leaders, government policy makers, academics and top executives who are all discussing successes, issues and future challenges for the regional and global power industry” said Deep Karani, Exhibition Manager, Middle East Electricity Saudi.

Even though 2018 is a launch year for the event, it already has significant support from some of the regional solar solution providers, such as Canadian Solar, Jinko and JA Solar, who will be displaying their latest range of solar modules to meet the growing need of renewable options in Saudi. They will also be conducting a series of technical seminars during the show which will be free-to-attend for all visitors.

Held under the Patronage of Eng. Khalid A Al-Falih, Minister of Energy, Industry and Mineral Resources of Saudi Arabia, the event creates a platform for local and international power companies to network and do business and will be running until today (Oct. 17) at the Riyadh International Convention Centre.

Touring the 16,150 square feet exhibition, Alabbadi, along with the other VIP dignitaries, viewed some of the latest innovations on display at the three-day show. Local & international exhibitors including Germany, the UK, Saudi Arabia, Turkey, China and more, are displaying the latest technologies, products and services across five dedicated sectors: Power Generation, Transmission & Distribution, Lighting, Solar and Energy Storage & Management. — SG