NEOM Launches ENOWA to Accelerate Development of World-Class Energy and Water Systems

NEOM announced the launch of its subsidiary company ENOWA, which will lead the development of NEOM's world-class, sustainable energy and water systems. (Twitter)
NEOM announced the launch of its subsidiary company ENOWA, which will lead the development of NEOM's world-class, sustainable energy and water systems. (Twitter)
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NEOM Launches ENOWA to Accelerate Development of World-Class Energy and Water Systems

NEOM announced the launch of its subsidiary company ENOWA, which will lead the development of NEOM's world-class, sustainable energy and water systems. (Twitter)
NEOM announced the launch of its subsidiary company ENOWA, which will lead the development of NEOM's world-class, sustainable energy and water systems. (Twitter)

NEOM announced on Monday the launch of its subsidiary company ENOWA, which will lead the development of NEOM's world-class, sustainable energy and water systems.

Work to develop these utilities has begun to provide the critical infrastructure for NEOM's key projects: THE LINE, its revolutionary urban development; OXAGON, its reimagined industrial city; and TROJENA, its sustainable mountain tourism destination. OXAGON is actively seeking tenants for its manufacturing hub, and supply of energy and water is essential.

NEOM's goal is to ensure all residents and industries in NEOM are powered by affordable 100% renewable energy. This will be the first project in the world that enables this at scale, and NEOM will set the stage for other sustainability projects around the world.

ENOWA represents NEOM as the principal shareholder in the world's largest green hydrogen production plant in an equal joint venture with Air Products and ACWA Power. Coming onstream in 2025, the green hydrogen plant is expected to be the first of several similar plants to make NEOM a hub for green hydrogen production and innovation. The green hydrogen will be exported and used in NEOM for a variety of solutions, including fueling clean, autonomous electric vehicles.

NEOM's water and wastewater system is designed to be completely sustainable, delivering low-cost water to all residents and businesses in NEOM. Powered by 100% renewable energy, the advanced desalination plants will not put anything back into the sea and will deliver drinkable, mineralized water to all in NEOM, directly to the tap or out of a bottling plant.

A significant element of the desalination process is planned to be the production of valuable materials from seawater. The output of desalination, brine, is usually waste, but ENOWA plans to produce significant quantities of valuable, industrial materials such as industrial-grade salt, magnesium, and potassium, which can be sold commercially and effectively.

Saudi Minister of Environment, Water and Agriculture and Chairman of ENOWA Eng. Abdulrahman AlFadley said: "NEOM is committed to sustainability and the creation of a circular economy. This lies at the heart of the project, and it is vital to the nation too. It is central to Vision 2030 and the nation's goal for net zero emissions by 2060. The creation of ENOWA is a significant development for NEOM and the nation, and it will be the blueprint for developments elsewhere for years to come."

CEO of NEOM Nadhmi Al-Nasr, stated: "With the guidance and support of Crown Prince Mohammed bin Salman, we are working to make significant global impact through our businesses, projects and our subsidiaries. We welcome new investors and partners to collaborate with us through ENOWA and to help create a circular economy at scale powered by 100% renewable energy and with abundant water for residential and commercial needs."

"ENOWA’s innovative approach will create the blueprint for new, sustainable industries in Saudi Arabia whilst creating a vibrant economic sector. As a trendsetter, ENOWA will become the benchmark for integrated sustainable energy, water and hydrogen systems and extend its approach to other industries to grow the sustainability marketplace both in the region and abroad.”

Peter Terium, CEO of ENOWA, said: "Aligned with NEOM's approach to living in harmony with nature, our new company works in partnership with its environment to create a sustainable cycle. This will provide the resources to power a thriving, sustainable economy."

"Our vision is being brought to life by some of the best minds in the world, leaders in their respective fields, supported by the latest technology and innovation. We cannot and will not be able to do it alone. The challenges the world faces need global collaboration and we look forward to working with leaders around the world in the energy, hydrogen and water industries to drive innovation forward together."

NEOM's greenfield site, with no legacy infrastructure, puts innovation at the heart of ENOWA. It will serve as a catalyst and incubator for new companies, which can be wholly owned, or joint ventures.

ENOWA forms an integral part of NEOM's success. As NEOM pushes the boundaries of environmental sustainability through renewable energy and the treatment and management of water, it is rapidly becoming a global reference point for industry leaders.



Monsha’at Showcases Saudi Arabia’s Entrepreneurship Journey at Expo 2025 Osaka

People attend a workshop within the Saudi Pavilion at Expo 2025 Osaka. (SPA)
People attend a workshop within the Saudi Pavilion at Expo 2025 Osaka. (SPA)
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Monsha’at Showcases Saudi Arabia’s Entrepreneurship Journey at Expo 2025 Osaka

People attend a workshop within the Saudi Pavilion at Expo 2025 Osaka. (SPA)
People attend a workshop within the Saudi Pavilion at Expo 2025 Osaka. (SPA)

Saudi Arabia underscored its growing international presence as a hub for entrepreneurship through an interactive workshop held at its pavilion during Expo 2025 Osaka in Japan. The event aimed to highlight the Kingdom’s experience in supporting small and medium-sized enterprises (SMEs) and to foster opportunities for international collaboration in this vital sector.

The workshop, organized by the General Authority for Small and Medium Enterprises (Monsha’at), brought together around 30 participants from various countries. Monsha’at presented its integrated ecosystem designed to empower the Kingdom’s entrepreneurial landscape by simplifying business processes, boosting access to financing, promoting a culture of entrepreneurship, and encouraging innovation and the adoption of modern technologies.

Key initiatives were showcased, including the Biban Forum, an international platform that connects entrepreneurs with investors, highlights Saudi success stories, and offers opportunities for professional development. This initiative plays a significant role in positioning Saudi Arabia as a global hub for entrepreneurship.

Monsha’at also shared the Kingdom’s experience hosting the Entrepreneurship World Cup, one of the largest global competitions in its field. The event has attracted more than 420,000 participants from 191 countries, with 500 startups advancing to the final stage.

Over $5 million in cash prizes have been awarded, in addition to tailored training and development programs.

The workshop is part of Monsha’at’s broader participation in Expo 2025 Osaka, with the goal of promoting the Kingdom’s entrepreneurial ecosystem, showcasing its strategic initiatives, and expanding international cooperation, all aligned with the objectives of Vision 2030.

The Saudi Pavilion at Expo Osaka offers a multi-sensory experience centered on the Kingdom’s transformative journey under Vision 2030. It highlights Saudi Arabia’s commitment to enhancing quality of life through innovation and technological progress.

The pavilion also features immersive experiences that reflect the richness of Saudi cities, villages, and cultural heritage. Constructed using lightweight Saudi stone, the structure was designed by renowned architects from Foster + Partners to represent the Kingdom’s vision of building sustainable, empowered communities.