By: Argaam

Saudi Arabia stands as ENGIE's largest market in the MENA region, representing 23% of its regional power capacity with a substantial $9 billion investment portfolio This has established 7.6 GW of power generation and 1.8 million cubic meters per day of desalination capacity, accounting for 8% and 17% of the Kingdom's respective totals

ENGIE is strategically expanding its investments to capture growth in the Saudi market, which is projected to grow 5.8% annually The company will focus on renewable energy, particularly solar and wind, as the fastest-growing segment of its portfolio, supported by battery storage systems for grid stability Gas power will remain crucial for reliability, and the company plans to enhance water desalination efficiency by integrating renewable energy sources

Aligning with Saudi Arabia's target of 130 GW of renewable capacity by 2030 is a key priority for ENGIE The company aims to increase its global renewable capacity to 95 GW and will actively compete in upcoming Saudi tenders Battery energy storage is seen as a vital enabler, with a focus on creating integrated hybrid solutions that combine solar, wind, and storage for a more resilient and efficient grid

The company's operational strategy emphasizes innovation and digitalization, using AI and IoT to optimize the performance and safety of its power and desalination assets ENGIE also has a strong focus on ESG, aligning all projects with international frameworks and supporting Saudi Vision 2030's sustainability goals through initiatives like its partnership with Tarshid, which has already delivered significant energy and emissions savings across 22 government facility projects