Layla: First Solar Project of its Kind in Saudi Arabia

TAQNIA ENERGY completes work in the first phase of the Layla Solar Power Plant.
TAQNIA ENERGY completes work in the first phase of the Layla Solar Power Plant.
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Layla: First Solar Project of its Kind in Saudi Arabia

TAQNIA ENERGY completes work in the first phase of the Layla Solar Power Plant.
TAQNIA ENERGY completes work in the first phase of the Layla Solar Power Plant.

TAQNIA ENERGY announced the completion of work in the first phase of the Layla Solar Power Plant, extending across 720,000 square meters with a production capacity of 10 megawatts.

It is the first independent energy production station that operates on solar energy and is directly linked to the electric grid. The project can cover 10 percent of the province needs in Al-Aflaj, 300 kilometers south of Riyadh.

Waleed al-Helayel, Head of the Layla Project, expressed delight that the first phase has been finalized.

“The completion of works in such a project is a source of pride to us all, especially that it coincides with Saudi Arabia witnessing a prominent international presence in all fields,” he stated.

Helayel continued that the Kingdom has always been active and clear in its quest to diversify energy sources and support renewable energy through exploiting local resources.

The project will provide Aflaj with its total production capacity, promises to cut down CO2 emitted from traditional sources of energy and therefore increase opportunities to protect the environment.

The Layla project is the result of joint efforts and a deal between TAQNIA ENERGY - a subsidiary of the Saudi Technology Development and Investment Company (Taqnia)- and King Abdulaziz City for Science and Technology, and the Saudi Electricity Company.



GASTAT: Saudi Non-oil Exports Increased by 19.7% in November 2024

GASTAT: Saudi Non-oil Exports Increased by 19.7% in November 2024
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GASTAT: Saudi Non-oil Exports Increased by 19.7% in November 2024

GASTAT: Saudi Non-oil Exports Increased by 19.7% in November 2024

Saudi Arabia’s General Authority for Statistics (GASTAT) released the international trade publication for November 2024, revealing a 19.7% increase in non-oil exports compared to November 2023.
The publication also highlighted an 82.9% rise in the value of re-exported goods during the same period, while merchandise exports decreased by 4.7% and imports grew by 13.9%, SPA reported.
It also showed that chemical products are among the most significant non-oil exports, accounting for 24.0% of the total, a 1.6% decrease compared to November 2023.
Plastics, rubber, and their products, which represented 21.7% of total non-oil exports, recorded a 4.0% increase compared to November 2023.
Machinery, electrical equipment and their parts accounted for 28.1% of total imports, showing a 22.4% increase compared to November 2023. Transportation equipment and their parts, representing 14.2% of total imports, also saw a 22.0% increase compared to November 2023.
The publication revealed that total exports reached SAR90.5 billion, total imports totaled SAR73.7 billion, and the trade balance stood at SAR16.8 billion.