Prince Abdulaziz bin Salman Highlights Energy Sector Localization During Riyadh Industrial City Tour

Representational image. Credit: Canva

In a move to bolster localization in the Kingdom’s energy sector, His Royal Highness Prince Abdulaziz bin Salman bin Abdulaziz, Minister of Energy, conducted an extensive tour of factories in Riyadh Industrial City on Sunday. He was accompanied by His Excellency the Minister of State Hamad Al-Sheikh and His Excellency the Minister of Industry and Mineral Resources Bandar bin Ibrahim Al-Khorayef.

The visit aligns with Saudi Arabia’s Vision 2030 objective to localize 75% of energy sector components. Prince Abdulaziz and the delegation reviewed the production progress of energy equipment, electrical panels, and smart ring-connection units essential for connection, control, automation, and distribution in electrical systems.

At Al-Jihaz Holding Company’s new factory, His Highness observed three main production lines with a capacity to produce 25,000 units annually. The factory focuses on engineering, design, and automation of electrical network systems while manufacturing control panels, voltage conversion equipment, and mobile electrical units. Employing 500 workers, including 100 Saudi women, the facility aims to double its production in alignment with Vision 2030 goals.

Prince Abdulaziz also toured Alfanar’s facilities, inaugurating the region’s first sulfur hexafluoride (SF6)-free smart ring-connectors factory. This initiative underscores a commitment to green technology and reducing carbon emissions. The factory employs over 700 Saudi women and represents a significant step toward sustainable energy solutions.

During the visit, Alfanar presented its progress in renewable energy, including wind and solar projects, sustainable aviation fuel production, carbon capture technologies, and green hydrogen initiatives. The research and development team highlighted their innovative approaches, positioning Alfanar as a leader in green technology.

The tours and briefings reinforce the Kingdom’s dedication to increasing local content, strengthening the national economy, and advancing sustainable practices. With plans to achieve a 75% localization rate by 2030, Saudi Arabia’s energy sector is poised for significant growth and innovation.

 

  • Related Posts

    Solplanet Expands into Southeast Asia, Strengthens Regional Leadership Through Vietnam Partnership

    Solar inverter manufacturer Solplanet has announced a strategic expansion into Southeast Asia, using Vietnam as a key entry point to build its presence across major regional markets including Thailand, Malaysia…

    Molecular Press Annealing Breakthrough Pushes Perovskite Solar Cells Closer to Commercial Reality

    Representational image. Credit: Canva Perovskite solar cells have long been viewed as a game-changing photovoltaic technology, combining high efficiency with low manufacturing costs. Yet despite rapid laboratory progress, commercial deployment…

    Have You Seen?

    Oil Prices Settle Up as US Begins Holiday Weekend

    • January 17, 2026
    Oil Prices Settle Up as US Begins Holiday Weekend

    US Moving Fast to Expand Chevron’s Venezuela License, Energy Secretary Wright Tells Reuters

    • January 17, 2026
    US Moving Fast to Expand Chevron’s Venezuela License, Energy Secretary Wright Tells Reuters

    White House Seeks Emergency Power Auction for Largest US Electric Grid

    • January 17, 2026
    White House Seeks Emergency Power Auction for Largest US Electric Grid

    Solplanet Expands into Southeast Asia, Strengthens Regional Leadership Through Vietnam Partnership

    • January 17, 2026
    Solplanet Expands into Southeast Asia, Strengthens Regional Leadership Through Vietnam Partnership

    Molecular Press Annealing Breakthrough Pushes Perovskite Solar Cells Closer to Commercial Reality

    • January 17, 2026
    Molecular Press Annealing Breakthrough Pushes Perovskite Solar Cells Closer to Commercial Reality

    US Drillers Cut Oil and Gas Rigs for Second Week in a Row, Baker Hughes Says

    • January 17, 2026
    US Drillers Cut Oil and Gas Rigs for Second Week in a Row, Baker Hughes Says

    US Not Currently Considering Using Venezuelan Oil in Exchange to Fill Strategic Reserve, Energy Department Says

    • January 17, 2026
    US Not Currently Considering Using Venezuelan Oil in Exchange to Fill Strategic Reserve, Energy Department Says

    New Discoveries Fuel Egypt’s Push for Energy Independence

    • January 17, 2026
    New Discoveries Fuel Egypt’s Push for Energy Independence

    The 40% of US Oil Jobs Lost Over the Last Decade Aren’t Coming Back

    • January 16, 2026
    The 40% of US Oil Jobs Lost Over the Last Decade Aren’t Coming Back

    Low Oil Prices Force Billionaire Harold Hamm to Halt Bakken Drilling

    • January 16, 2026
    Low Oil Prices Force Billionaire Harold Hamm to Halt Bakken Drilling