The initiative aims to encourage renewable generators to enhance their forecasting and scheduling accuracy.
The project under the agreement is forecast to begin commercial operations by Q2 2026.
The company has installed over 193GW of wind turbines across 88 countries.
The company's EBITDA margin rose to 8% in the quarter, compared to 4.3% in Q3 2024.
Equipped with a locally completed 7HA.01 gas turbine, the 320MWe facility will be one of Saudi Arabia’s most efficient power plants.
Iran has ambitious nuclear expansion plans including new power units.
