Work to start on Maaden solar thermal facilty
19 January 2024
Mining and metals firm Saudi Arabian Mining Company (Maaden) and US-based GlassPoint, which specialises in decarbonising industrial process heat, have confirmed plans to build the first stage of project development for Maaden's solar thermal project.
The first stage will have the capacity to supply 9 tonnes of steam an hour to begin decarbonising Maaden's aluminum supply chain, GlassPoint said.
Known as Technology Showcase, the project's first stage will combine the direct generation of heat and storage to provide a continuous base load of steam to Maaden's alumina refinery in Ras al-Khair.
The initial capacity will be about 1 per cent of the larger project, which is expected to save Maaden's refinery more than 12 metric million British thermal units (MMBtus) of energy and reduce carbon emissions by 600,000 tonnes annually.
GlassPoint signed a memorandum of understanding with Maaden to develop Maaden Solar 1, potentially the world’s largest solar process heat plant, in June 2022.
When complete, Maaden Solar 1 will be a 1,500 megawatt-thermal (MWth) facility.
The technology showcase "is an important first step to kick off project development and begin building on location", said GlassPoint founder and CEO Rod MacGregor.
It is understood that low-carbon aluminum increasingly commands a premium with industrial companies that are seeking to meet sustainability requirements from their customers.
"New policies such as the EU's carbon border adjustment mechanism will tax high-carbon imports and make low-carbon aluminum, enabled by solar thermal solutions, even more appealing," GlassPoint said.
The technology showcase will include several new advancements from GlassPoint that are expected to reduce the cost of its solutions by more than 30 per cent.
Enhancements include GlassPoint's Unify storage system, which uses direct heat and ternary molten salts to provide around-the-clock steam, as well as lighter materials that will boost solar efficiency and reduce weight, materials, carbon intensity, shading and the levelised cost of energy.
Solar factory
In October last year, GlassPoint announced a partnership with the Ministry of Investment Saudi Arabia (Misa) to build a solar manufacturing facility in the Eastern Province of the kingdom.
At full capacity, the planned factory will produce enough renewable energy technology annually to generate 5,000 tonnes of solar steam a day, which will be sufficient to offset 4 MMBtus of gas and reduce carbon emissions by 200,000 tonnes each year.
Technology manufactured at the facility will be used for projects in the metals and mining, building materials and other industrial sectors.
GlassPoint’s enclosed trough concentrated solar power technology uses large, curved mirrors to focus sunlight on a boiler tube containing water. The concentrated energy boils the water to produce high-quality steam, which is fed into existing industrial operations.
A self-cleaning structure encloses and protects the solar collectors from wind, sand and dust. The structure protects the operational environment, enabling lightweight mirrors and components.
MEED's October 2023 special report on Saudi Arabia includes:
> COMMENT: Riyadh reshapes its global role
> POLITICS: Saudi Arabia looks both east and west
> SPORT: Saudi Arabia’s football vision goes global
> ECONOMY: Riyadh prioritises stability over headline growth
> BANKS: Saudi banks track more modest growth path
> UPSTREAM: Aramco focuses on upstream capacity building
> DOWNSTREAM: Saudi chemical and downstream projects in motion
> POWER: Riyadh rides power projects surge
> WATER: Saudi water projects momentum holds steady
> GIGAPROJECTS: Gigaproject activity enters full swing
> TRANSPORT: Infrastructure projects support Riyadh’s logistics ambitions
> JEDDAH TOWER: Jeddah developer restarts world’s tallest tower

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WEBINAR: UAE Projects Market 202615 April 2026
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Tuesday, 28 April 2026 | 11:00 GST | Register now
Agenda:
- Overview of the UAE projects market landscape
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Colin Foreman is editor and a specialist construction journalist for news and analysis on MEED.com and the MEED Business Review magazine. He has been reporting on the region since 2003, specialising in the construction sector and its impact on the broader economy. He has reported exclusively on a wide range of projects across the region including Dubai Metro, the Burj Khalifa, Jeddah Airport, Doha Metro, Hamad International airport and Yas Island. Before joining MEED, Colin reported on the construction sector in Hong Kong.https://image.digitalinsightresearch.in/uploads/NewsArticle/16401868/main.gif -
Saudi Landbridge finds its moment in Gulf turmoil15 April 2026
Commentary
Yasir Iqbal
Construction writerThe strategic case for the Saudi Landbridge has never been more urgent. SAR’s appointment of Spain’s Typsa as lead design consultant, reported by MEED this week, is more than a procurement milestone. After two decades of delays, it reflects how the long-deferred project has become a strategic necessity.
The conflict reshaping the Middle East has made that necessity more immediate. Red Sea transits are costly and unpredictable. The Strait of Hormuz carries risk no insurer can fully price. Saudi Arabia’s most valuable exports, including crude oil, refined products, petrochemicals and industrial goods, move almost entirely by sea through routes that are no longer reliably secure.
The kingdom sits between two coastlines with no rail link connecting them. That gap is now an economic exposure.
The $27bn project addresses it directly. More than 1,500 kilometres of track, anchored by a 900km railway between Riyadh and Jeddah, will provide direct freight access from King Abdullah Port on the Red Sea, with upgrades to the Riyadh-Dammam line and a new connection to Yanbu.
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Exporters targeting Europe and the Americas load at Jeddah; those serving Asia pivot east to Dammam by rail, on demand, without Hormuz risk or Red Sea freight surcharges.
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With design now under way and construction tenders expected imminently, the Landbridge is closer to reality than at any point in its troubled history. Regional disruption did not create this project. But it has made the argument for it unanswerable.
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Kuwait awards $565m upstream oil contract15 April 2026
Kuwait’s Heavy Engineering Industries & Shipbuilding Company (Heisco) has been awarded a contract for flowlines and associated works in North Kuwait by the state-owned upstream operator Kuwait Oil Company (KOC).
In a statement to Kuwait’s stock exchange, Heisco said it had received a formal contract award letter for the project, valued at KD174.2m ($565m).
The contract was awarded under Tender No. RFP-2141028 and was approved by Kuwait’s Central Agency for Public Tenders.
Heisco was the fourth-lowest bidder for the contract.
In its stock market statement, Heisco said that the financial impact of the contract will be determined at a later stage, with further updates to be provided as the project progresses.
Heisco has also signed a renewal agreement with a local bank for a KD50m ($165m) loan.
The company said in a disclosure statement that the loan is intended to finance Heisco’s activities in Kuwait and other countries.
“Our company has renewed the credit facilities agreement with one of the local banks to finance its activities,” it said.
Earlier this month, Heisco submitted the lowest bid for a project to upgrade part of the Mina Abdullah refinery’s export infrastructure.
It submitted a bid of KD11,919,652 ($38.6m) for the project to implement renovation works on the artificial island that forms part of the port at the refinery.
The only other bidder was Kuwait’s International Marine Construction Company (IMCC), which submitted a bid of KD12,480,113 ($40.4m).
Kuwait is currently seeing significant disruption to its oil and gas sector due to fallout from the US and Israel’s war with Iran.
The Mina Abdullah refinery was integrated with the Mina Al-Ahmadi refinery as part of the $16bn Clean Fuels Project, which came online in 2021.
Several units at the Mina Al-Ahmadi Refinery were shut down after the refinery was hit by drone attacks last month.
READ THE APRIL 2026 MEED BUSINESS REVIEW – click here to view PDFEconomic shock threatens long-term outlook; Riyadh adjusts to fiscal and geopolitical risk; GCC contractor ranking reflects gigaprojects slowdown.
Distributed to senior decision-makers in the region and around the world, the April 2026 edition of MEED Business Review includes:
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Sirte oil projects expected to progress in Libya15 April 2026

Three oil projects located in Libya’s Sirte basin are expected to be prioritised in the wake of Libya’s recent budget deal, according to industry sources.
The projects are being developed by Libya’s Waha Oil Company, a subsidiary of the state-owned National Oil Corporation (NOC).
All three projects will develop Libyan reservoirs that have not yet been tapped.
The projects are known as:
- NC98
- Gialo 3
- 6J North Gialo
Together, the projects are expected to double Waha’s production from around 300,000 barrels of oil a day (b/d) to 600,000 b/d.
The Waha concession covers 13 million acres.
The stakeholders in Libya’s Waha concessions include France’s TotalEnergies, which has a 20.41% stake, and US-based ConocoPhillips.
In March, MEED revealed that South Korea’s Daewoo had pulled out of the tender process for Libya’s 6J North Gialo oil field development project.
Daewoo had formed a partnership with Egypt’s Petrojet to participate in the tender process.
The only other company to submit a bid for the project was UK-based Petrofac, which filed for administration in October last year.
In September last year, MEED reported that two bids had been submitted for the project and were under evaluation.
The 6J North Gialo project was the first to be tendered; it was expected to be followed by NC98, with the Gialo 3 project likely to be tendered last.
The NC98 field is located in the southeast area of Libya’s Sirte basin. Waha Oil Company ran a technical workshop for the NC98 project in June 2023.
The workshop included a presentation of a study conducted by TotalEnergies that considered different development options for injecting gas and water, as well as exporting gas.
At the time, Waha Oil said that the project to develop NC98 was one of its “major strategic projects” and by implementing it, it hoped to raise production by an average of 60,000 b/d.
The Gialo 3 project scope includes installing surface facilities to channel output to a new production unit. Three existing production units will also be upgraded as part of the project.
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EtihadWE tenders feasibility study for UAE-India power link14 April 2026

Etihad Water & Electricity (EtihadWE) has tendered a contract for a techno-economic feasibility study of a proposed UAE-India undersea power interconnector.
The study aims to assess the long-term technical, economic and market viability of a power exchange between the UAE and India.
The deadline for interested firms to purchase tender documents is 23 April.
The proposed scheme would be the UAE’s first direct subsea cross-border electricity interconnector and the first direct power link between the UAE and India.
In January, MEED exclusively reported that the utility was seeking consultants to register their interest in participating in the tender process.
It is understood that firms may bid as single entities or as part of a consortium.
According to the utility, the scope of work includes developing feasible interconnection options and defining design parameters and capacity.
It will cover preliminary and survey-supported routing for the subsea cables and the identification of landing points and onshore transmission links.
The study will also provide refined cost estimates, supply-chain and execution timelines, legal and regulatory reviews, commercial frameworks, risk identification, and support for the preparation of draft tender documents and technical specifications.
In addition, it will outline bankable financing, ownership and operational structures as well as an implementation and operations schedule.
Furthermore, the consultant will be required to assess the project’s impact on the grid and optimise interconnector capacity through sensitivity studies.
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