The 18th edition of Saudi Power, a leading international trade exhibition for power in Saudi Arabia, concluded on a successful note with the participation of hundreds of local and international companies and over 5,246 professionals.

The event, held at the Riyadh International Convention & Exhibition Centre under the patronage of the Saudi Minister of Water and Electricity, helped keep exhibitors and visitors abreast of the latest industry updates and market developments, providing a unique platform to view the energy sector’s latest equipment and services, develop global partnerships, and generate new business opportunities, a statement from the organisers, Riyadh Exhibitions Company, said.

Over the last decade, the kingdom has registered an 8 per cent annual increase in electricity demand. With the number of subscribers rising by an average of 5.2 per cent, the country plans to increase its electricity-generating capacity to 120 gigawatts by 2032 to meet rapidly growing demand, it noted. 

The show received professionals from government entities, energy companies, developers, service providers, major industrial enterprises, distributors and retailers. Riyadh Exhibitions Company said that a poll it conducted showed exhibitors appreciated the strategic importance of the event and the excellent opportunities it offered for local and international companies to communicate and promote awareness of their brands.

Khalid Daou, marketing manager, Saudi Power, said: “This year’s Saudi Power was highly successful, driven by more growth and competitiveness across the energy sector.” He added that the competitive spirit among suppliers would be good for Saudi Arabia’s economic development. “Aside from providing new opportunities, the show helped in increasing awareness on the most recent developments in the sector and provided a deeper insight about highly innovative technologies. Visitors were not only able to see and receive first-hand demonstrations of new products but were also able to source new equipment and services from local and international suppliers. We are extremely happy with the outcome of Saudi Power as we were able to achieve our goals.”

The show included a series of specialised events and activities, which Daou said provided an integrated platform for participants to leverage their portfolio of products, services and technologies in front of their target audience. Through these special activities, exhibitors and visitors also relished the opportunity of getting acquainted with the latest trends and emerging challenges, he said.

“Additionally, Saudi Power helped to consolidate bonds of trade relations and build new partnerships with decision-makers and industry leaders around the world. It was appreciated that networking arising out of the event would contribute effectively to business growth and better products and services to communities.”