The economy in the Kingdom of Saudi Arabia (KSA) is on a strong rise. Since 2022, KSA is one of the fastest growing regions in the world.
The Saudi Arabian electricity generation, transmission, distribution and smart-grid power sector continues on a growth and is racing to keep up with growing electricity demand. To reduce consumption of oil in the generation of power, Saudi Arabia is eager to upgrade its entire power generation, distribution, and transmission sector.
To support the mission and vision, STATRON is delighted to announce that we have just signed a new contract with YUSUF BIN AHMED KANOO (YBAK). During MEE 2023 on March 8th, the official signing ceremony was held at the booth of Statron. The contract is about the upgrade and replacement of uninterruptable power supply systems (UPS) for the 1’200 MW Riyadh PP9 power plant. We are excited about the opportunities this partnership will provide for both of our organizations to drive the Kingdom’s vision for higher power efficiency.
Ruben Vogelsang (CEO)