Saudi–Spanish JV to build green hydrogen electrode plant at SPARK 

Khodran Al-Zahrani, CEO of Dyar Al-Safwah (R) and Abdulrahman Al-Qahtani, CEO Jolt Green Chemical Industries, during the signing ceremony - Supplied
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Updated 24 September 2025
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Saudi–Spanish JV to build green hydrogen electrode plant at SPARK 

JEDDAH: Saudi Arabia’s green hydrogen sector is set to receive a boost with the development of an advanced electrode manufacturing facility at King Salman Energy Park, underscoring the Kingdom’s drive for sustainable industrial transformation. 

Jolt Green Chemical Industries, a Saudi–Spanish joint venture between the Green Electrodes Consortium for Industry and Spain’s Jolt Solutions, has signed an agreement with Dyar Al-Safwah Engineering Consultancy to engineer and oversee construction of the plant in the Eastern Province, according to a press release. 

The initiative aligns with Saudi Arabia’s Vision 2030, which prioritizes green hydrogen, local content development, and technology transfer as key pillars of sustainable economic transformation. By advancing these goals, the Kingdom is strengthening its position as a regional hub for clean energy technologies. 

It also supports the Kingdom’s strategic goal of achieving 75 percent localization in the energy sector by 2030. 

The signing ceremony was attended by Arturo Vilavella, chief operating officer of Jolt Green Hydrogen Solutions; Khodran Al-Zahrani, CEO of Dyar Al-Safwah; Abdulrahman Al-Qahtani, CEO of the joint venture; and Said Jubran Al-Qahtani, chairman of the Green Electrodes Consortium. 

Al-Qahtani affirmed that “the plant will serve as a platform for technology localization and the empowerment of national talent, thereby strengthening the Kingdom’s position as a regional hub for green technologies.” 

He also expressed his gratitude and appreciation to the Ministry of Energy, noting that its support and encouragement during previous visits played a pivotal role in motivating the company to bring this technology to the Kingdom and localize it, the release added. 

Scheduled to begin operations in the second quarter of 2027, the facility will feature advanced automated production lines, dedicated research and development laboratories, and sustainable practices such as wastewater reuse and solar integration.  

At full capacity, the plant will supply over 750,000 sq. meters of electrodes annually. 

The plant will focus on producing and refurbishing high-performance catalyst-coated electrodes. It will also support the Kingdom’s initiatives in green hydrogen, petrochemicals, and refining. Additional areas include water treatment, eFuel, and batteries, as well as desalination, disinfection, chlor-alkali, and pipeline protection. 


Saudi Arabia’s NDF unveils strategic partners for MOMENTUM 2025 conference 

Updated 07 December 2025
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Saudi Arabia’s NDF unveils strategic partners for MOMENTUM 2025 conference 

RIYADH: Saudi Arabia’s National Development Fund has unveiled the lineup of strategic partners for the Development Finance Conference MOMENTUM 2025, as the Kingdom accelerates efforts to build a more integrated development-finance ecosystem.  

The conference, scheduled for Dec. 9–11 at the King Abdulaziz International Conference Center in Riyadh, will bring together policymakers, lenders and global development institutions as the Kingdom seeks to expand financing channels for key sectors. 

Saudi National Bank and Arab National Bank are named Main Partners, while Riyad Bank will serve as Banking Partner, NDF said in a press release.  

Bank AlJazira and Saudi Awwal Bank join as Enabling Partners, and public-sector participants include Invest Saudi, the Made in Saudi Program, and the Saudi Conventions and Exhibitions General Authority. 

Riyadh Municipality also joins the list as the host city partner, while Saudi Post is the logistics partner for the conference. 

“Collectively, these partnerships advance the conference’s vision of fostering collaboration among public and private sectors, contributing to Saudi Vision 2030 objectives,” the release said. 

Organized by NDF, this year’s conference is convened under the theme “Leading Development Transformation.” 

MOMENTUM 2025 reflects the NDF’s central role as a principal enabler of development in the Kingdom and as a strategic driver of the national development finance system through its 12 affiliated development funds and banks.  

“Through this conference, NDF aims to align efforts, amplify impact, enhance coordination and integration, and build meaningful partnerships with leaders across the public and private sectors. Together, these efforts are intended to ensure sustainable growth and empower strategic sectors to deliver on national and global development goals,” the release added.  

The program will feature more than 100 speakers from over 120 local and international entities, further underscoring the conference’s role as a national forum supporting the leadership’s vision of building a dynamic financing ecosystem that empowers key sectors. 

Several princes, ministers, senior officials, CEOs, global leaders, development experts, and economists are scheduled to attend the conference. 

The event will spotlight the contribution of the private sector and small and medium-sized enterprises in elevating the Kingdom’s economic growth, generating jobs, and boosting competitiveness.