By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Econo Asia™
  • English
    • العربية (Arabic)
    • বাংলাদেশ (Bengali)
    • 简体中文 (Chinese (Simplified))
    • हिन्दी (Hindi)
    • Indonesia (Indonesian)
    • 日本語 (Japanese)
    • Tiếng Việt (Vietnamese)
Submit News
  • Home
  • Economy
  • FinTech
  • Markets
    • Bombay Stock Exchange (BSE)
    • Hong Kong Stock Exchange (SEHK)
    • Korea Exchange (KRX)
    • National Stock Exchange (NSE)
    • Shanghai Stock Exchange (SSE)
    • Shenzhen Stock Exchange (SZSE)
    • Singapore Exchange (SGX)
    • Taiwan Stock Exchange (TWSE)
    • Tehran Stock Exchange (TSE)
    • Tokyo Stock Exchange (TSE)
  • Asia
    AsiaShow More
    iFLYTEK Showcases Secure AI Infrastructure, Enterprise Solutions, and Multilingual Intelligence at GITEX ASIA 2026
    April 10, 2026
    iFLYTEK Demonstrates All-In-One AI Solutions at GITEX ASIA 2026, Bringing Private, Customizable AI to Industry
    April 10, 2026
    تطبيق سهم يتصدر المرتبة الأولى في فئة القطاع المالي على متجر التطبيقات السعودي مع ارتفاع ملحوظ في عدد المستخدمين
    March 26, 2026
    BingX Unveils BingX AI Claw, the World’s First AI-Powered Multi-Asset Trading Analyst
    March 21, 2026
    تكشف BingX عن BingX AI Claw، أول محلل تداول متعدد الأصول في العالم مدعوم بالذكاء الاصطناعي
    March 21, 2026
  • Middle East
    Middle EastShow More
    iFLYTEK Demonstrates All-In-One AI Solutions at GITEX ASIA 2026, Bringing Private, Customizable AI to Industry
    April 10, 2026
    iFLYTEK Showcases Secure AI Infrastructure, Enterprise Solutions, and Multilingual Intelligence at GITEX ASIA 2026
    April 10, 2026
    The Dawn of the Technology Spillover Effect
    April 10, 2026
    Powering AI-Driven Work Management Across UAE, KSA, Oman, Qatar and Bahrain
    April 8, 2026
    TabSense Leads Saudi’s F&B Market Transition from “Point of Sales” to “Point Of Intelligence” Era
    April 8, 2026
  • Press Releases
    Press ReleasesShow More
    Mexico Residential Real Estate Market to Reach USD 64.28 Billion by 2031 Driven by Urbanization, Housing Demand, and Policy Reforms
    April 13, 2026
    $422.8 Billion by 2032: 5 Climate & Tech Shifts Reshaping the Homeowner Insurance Market
    April 13, 2026
    Global Solvents Market Size to Hit USD 44.30 Billion by 2031 at 4.73% CAGR Amid Rising Low-VOC Adoption
    April 13, 2026
    Military Parachute Market size to Reach USD 2.97 Billion by 2031 Driven by Precision Systems and Rising Defense Demand - Mordor Intelligence 
    April 13, 2026
    $1.8 Billion by 2032: 5 Beauty-Tech Trends Powering the Home Facial Steamer Market
    April 13, 2026
Reading: Rondo and SAMSUNG E&A partner for Carbon Capture and Direct Air Capture projects in Saudi Arabia
Share
  • About Us
  • Contact Us
Font ResizerAa
Econo Asia™Econo Asia™
Search
  • English
    • العربية (Arabic)
    • বাংলাদেশ (Bengali)
    • 简体中文 (Chinese (Simplified))
    • हिन्दी (Hindi)
    • Indonesia (Indonesian)
    • 日本語 (Japanese)
    • Tiếng Việt (Vietnamese)
  • Home
  • News
  • Economy
  • FinTech
  • Markets
    • Bombay Stock Exchange (BSE)
    • Hong Kong Stock Exchange (SEHK)
    • Korea Exchange (KRX)
    • National Stock Exchange (NSE)
    • Shanghai Stock Exchange (SSE)
    • Shenzhen Stock Exchange (SZSE)
    • Singapore Exchange (SGX)
    • Taiwan Stock Exchange (TWSE)
    • Tehran Stock Exchange (TSE)
    • Tokyo Stock Exchange (TSE)
  • Asia
  • Middle East
  • Press Releases
  • About Us
  • Contact Us
  • Submit News
Econo Asia™ is part of GroupWeb Media Network. © GroupWeb Media LLC
Econo Asia™ > Blog > Middle East > Rondo and SAMSUNG E&A partner for Carbon Capture and Direct Air Capture projects in Saudi Arabia
Middle East

Rondo and SAMSUNG E&A partner for Carbon Capture and Direct Air Capture projects in Saudi Arabia

NEWSROOM
Last updated: January 15, 2025 3:15 pm
By NEWSROOM
6 Min Read
Share
SHARE


The companies will explore promoting Rondo Heat Battery-powered CCS and DAC projects across the Kingdom

IKTVA Forum & Exhibition 2025 (IKTVA 2025), Khobar Saudi Arabia — (ARAB NEWSWIRE) — Rondo Energy, the leading provider of zero-carbon industrial heat and power, today entered into a Memorandum of Understanding (MoU) with SAMSUNG E&A, a total solutions provider for the global energy industry.

The companies will collaborate to explore delivering low-cost carbon capture and carbon removal projects in KSA, building upon Rondo’s world-class energy storage and SAMSUNG E&A’s extensive experience building mega-scale energy projects.

The announcement occurred at IKTVA 2025, where SAMSUNG E&A also showcased its comprehensive solutions, such as its Advanced Digital Solutions and ECO & Green Solutions. SAMSUNG E&A has executed 32 projects in Saudi Arabia, bringing a proven track record and know-how in the region to this new partnership.

The Rondo Heat Battery (RHB) supplies continuous energy from stored wind and solar power at the gigawatt scale and high temperatures needed for industrial processes. Rondo previously entered into an MoU with Aramco to bring RHB technology to the Kingdom for industrial, hydrogen, and carbon capture projects. Today’s announcement is an important step toward delivering fully integrated projects built with substantial in-Kingdom engineering and manufacturing.

“Saudi Arabia is a solar superpower, with the world’s lowest cost solar energy. Rondo can put this resource to work, cutting costs and carbon emissions at industrial facilities, powering the production of low carbon hydrogen, and delivering the world’s lowest-cost carbon capture,” said John O’Donnell, Founder and Chief Innovation Officer of Rondo. “Rondo is excited to be partnering with SAMSUNG E&A and in-Kingdom vendors to deliver large-scale projects, building upon SAMSUNG E&A’s track record of certainty, safety, quality, and cost leadership in the Kingdom and worldwide.”

“SAMSUNG E&A is focusing our business to meet the needs of today’s energy industry and build for tomorrow’s. Our core strategy of ‘addressing societal challenges through technology’ is driving us to advance new energy transition businesses such as hydrogen, carbon neutrality, and sustainable fuels, using our deep capabilities built over decades of energy projects around the world,” said Hong Namkoong, President and CEO of SAMSUNG E&A.“

Local Value Creation
Rondo Heat Batteries capture intermittent electricity, storing that energy as heat in brick, to deliver steam and power for industry.  Rondo’s storage materials can be made in-Kingdom from domestic mineral resources, and local supply chains now exist for other RHB components. Rondo and Samsung will work to optimize in-Kingdom value of jointly developed and built projects.

—

About Rondo Energy
Rondo is purpose-built for industrial facilities: its Heat Batteries are constructed from proven, durable materials and are designed for seamless integration with existing industrial equipment and processes. Whether deployed as a drop-in replacement for retiring fossil-fueled heating equipment or as a resilient complement to existing systems, Rondo requires no disruptive changes to customers’ operations.

Rondo currently operates the world’s highest temperature, highest efficiency commercial energy storage system, at Calgren Renewable Fuels in Pixley, California. Rondo Energy is headquartered in Alameda, California. Learn more at rondo.com

About SAMSUNG E&A

At SAMSUNG E&A, we aim to create value based on the world’s best technological competence and contribute to our clients, society, and people. SAMSUNG E&A, a total solutions provider, offers comprehensive solutions for the global energy industry, such as energy transition, oil-gas processing, refinery, petrochemical, environmental, industrial, and bio. Providing professional services across the whole project cycle ranging from professional feasibility studies to design, procurement, construction, commissioning, maintenance & operation. SAMSUNG E&A has completed more than 1,500 projects worldwide.

To prepare for ESG-based eco-friendly businesses in the future, we expanded our value chain to the business of operating green infrastructure, such as water treatment facilities and incinerators, and green solution businesses for energy optimization and carbon neutrality. To preemptively respond to changes in the global energy industry and take the lead in resolving global warming, we will provide optimal solutions based on our technologies and expertise.

For more information, please visit www.samsungena.com

Media Contact:
Alex Petersen
Tigercomm – Sr. Account Manager
203-313-7699
alex@tigercomm.us

This press release is issued through Arab Newswire (www.arabnewswire.com) – a newswire service for Arab World, Middle East and North Africa (MENA), and it is distributed by EmailWire™ (www.emailwire.com) – the global newswire service that provides Press release distribution with guaranteed results™





Source link

What is health insurance and how does it work?
The Importance of Health Insurance
Telangana Rising 2047 Vision Document to Be Released on Dec 8–9, 2025, at Global Summit in Bharat Future City
Fayik Abdi to Compete for Saudi Arabia at the 2026 Winter Olympic Games
Press Release Distribution in the Middle East and North Africa: Notable examples of successful press release campaigns in the MENA region
TAGGED:Carbon CaptureDirect Air CaptureIKTVA 2025KhobarKSARondoRondo EnergySAMSUNG E&ASaudi Arabia
Share This Article
Facebook Email Print
Previous Article Gas Sensors Market Size, Share, Industry Trends and Growth Analysis by 2032
Next Article Asset Management System Market worth $26.41 billion by 2030 at a CAGR of 8.4%

Share Us

- Advertisement -
Ad image

Latest News

Military Parachute Market size to Reach USD 2.97 Billion by 2031 Driven by Precision Systems and Rising Defense Demand - Mordor Intelligence 
Press Releases
Global Solvents Market Size to Hit USD 44.30 Billion by 2031 at 4.73% CAGR Amid Rising Low-VOC Adoption
Press Releases
$422.8 Billion by 2032: 5 Climate & Tech Shifts Reshaping the Homeowner Insurance Market
Press Releases
Mexico Residential Real Estate Market to Reach USD 64.28 Billion by 2031 Driven by Urbanization, Housing Demand, and Policy Reforms
Press Releases
//

We influence 20 million users and is the number one business and technology news network on the planet

About Us

Econo Asia™ publishes news on Asia’s econimic outlook with focus on Finance, FinTech and the Stock Market. News is aggregated and pubished as it is available on the web. Econo Asia™ is part of GroupWeb Media Network. Econo Asia™ in association with AsiaNewswire.Net, publishes and distributes press release to media in Asia.

Contact Us

  • WhatsApp: +1 832-716-2363
  • Skype: Groupwebmedia
  • Telegram: @groupwebmedia

Categories

News
Economy
FinTech
Markets
Asia
Middle East
Press Releases

 
 

 

 

Recent News

Military Parachute Market size to Reach USD 2.97 Billion by 2031 Driven by Precision Systems and Rising Defense Demand - Mordor Intelligence 
April 13, 2026
Global Solvents Market Size to Hit USD 44.30 Billion by 2031 at 4.73% CAGR Amid Rising Low-VOC Adoption
April 13, 2026
$422.8 Billion by 2032: 5 Climate & Tech Shifts Reshaping the Homeowner Insurance Market
April 13, 2026
  • العربية (Arabic)
  • বাংলাদেশ (Bengali)
  • 简体中文 (Chinese (Simplified))
  • English
  • हिन्दी (Hindi)
  • Indonesia (Indonesian)
  • 日本語 (Japanese)
  • Tiếng Việt (Vietnamese)
Econo Asia™ is part of GroupWeb Media Network. © 2024 GroupWeb Media LLC
  • About Us
  • Contact Us
  • Submit News
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?