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

Published January 16th, 2025 - 10:07 GMT

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

Background Information

SAMSUNG E&A

SAMSUNG E&A is a specialized EPC company that provides comprehensive solutions across all areas of the plant industry. With strong pride for our pioneering role in the history of the Korean plant industry in the past 50 years, we successfully performed numerous projects around the world and grew into a globally competitive engineering company.

We continuously expand our business across the engineering industry including Oil and Gas processing, Refinery, Petrochemical, Energy Transition, Environmental, Industrial and BIO areas. Based on our extensive experience, accumulated technologies and talented resources, we provide various services from the feasibility studies to engineering, procurement, construction, commissioning and O&M.


Building the Future
Successfully completing over 1,000 projects in various regions around the world, including the Middle East, Asia, Americas and Europe, with our unique services for the past half a century, we are committed to building a global reputation for our flawless quality and improving customer value.

We will continue to enhance the future value of our clients driven by change and innovation, practice sustainable business management which values the environment, and contribute to the prosperity of mankind.

Check out our PR service


Signal PressWire is the world’s largest independent Middle East PR distribution service.

Subscribe

Sign up to our newsletter for exclusive updates and enhanced content