Aqua CEO on AI Opportunities

Aqua, the Saudi company, expects solar energy efficiency techniques to exceed 30% within two and a half years, with advancements in wind energy and energy storage technologies, thereby strengthening Saudi Arabia's position in the renewable energy sector. The company is working to expand its projects in renewable energy sources and storage both domestically and internationally, in line with Saudi Arabia's goal of producing half of its electricity needs from renewable sources by 2030. Additionally, the company faces significant challenges in the Chinese market, where it entered in 2024 and is developing renewable energy projects. It is also engaged in activities in Egypt, Morocco, South Africa, and Kuwait, aiming to enhance its global presence in the clean energy field.

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