Siemens Energy – 1.5 billion US-Dollar order for Siemens Energy in Saudi Arabia: Efficient combined cycle power plants for the country’s energy supply

Saudi Arabia has a strategy to reach net zero by 2060 and is relying on modern, highly efficient gas-fired power plants in combination with CO2 capture and storage, to significantly reduce its emissions. 

Siemens Energy is supplying key power plant technologies that will provide almost 4 gigawatts to the Kingdom, and in addition has also entered a long-term maintenance contract for 25 years for the two power plants, with a total value of USD 1.5 billion.

…