Saudi Power exhibition was launched on Monday in concurrence with the Saudi Aircon 2016. The two events will continue for 3 days at Riyadh International Convention & Exhibition Center. Dr. Saleh Bin Hussein Al Awaji inaugurated the Saudi Power 2016 exhibition organized by Riyadh Exhibitions Company in collaboration with Informa Company. The show brings together more than 220 exhibitors from 19 countries around the world including Saudi Arabia, UAE, Lebanon, India, Spain, Switzerland, Britain, South Africa, Taiwan, the Netherlands, Turkey and other countries. On the sidelines of the exhibition, Prince Saud Al-Abdullah Al-Faisal bin Abdulaziz, Chairman of Riyadh Exhibitions Co, said "the Saudi Power exhibition is a dedicated platform for all specialized companies operating in this sector, it attracts hundreds of local and international companies seeking to further position themselves in the Saudi market and showcase the latest products, services and technologies. The exhibition also provides an opportunity to close business deals, thus supporting the development of the power and HVAC sector in the Kingdom. " Humoud Al-Ghubaini Senior Vice President, Communications and Public Relations, Saudi Electricity Company, said: "Sponsoring the Saudi Power Exhibition 2016, comes in line with the Saudi Electricity Company's efforts to nationalize the electrical industries in the Kingdom. This show is the ideal platform to showcase the development of the local energy sector, explore the latest related techniques, study the projects within the power sector, and support the growth of local companies through reducing the consumption and waste of energy. " Abdullah Alkhorayef, CEO, Alkhorayef Commercial Company, said: "We are participating in this leading exhibition to announce for the first time in Saudi Arabia, a medium voltage Gulfpower diesel generator set has been assembled locally in cooperation with Cummins, in addition to showcasing our most prominent services offered in the field of energy solutions for an audience of specialized professionals." Saudi Power 2016, organized by Riyadh Exhibitions Company in collaboration with Informa Company, aims at raising the awareness level of the energy users, through introducing the latest related products and services, highlighting the electricity sector in the Kingdom and discussing potential solutions and strategic projects. This edition witnessed the participation of more than 200 local and international companies showcasing the latest power solutions, services and supplies. Saudi Aircon, the partner event to Saudi Power, is the leading exhibition in the Middle East region for HVAC & refrigeration. Saudi Aircon showcases the latest equipment, technology and innovative solutions for the heating, ventilation, air-conditioning and refrigeration industries. Demand for indoor cooling is growing rapidly in Saudi Arabia due to high population growth, rising affluence and numerous mega projects currently under construction. Saudi Arabia is the world's largest market for air conditioning - expected to surpass $2.5 billion by 2019. A surge of mega projects in Saudi Arabia (including educational institutions, hotels, office spaces, residential areas and expansions of development cities) has resulted in a massive increase in demand for air conditioning solutions. Increasing affluence, a developing tourism industry and high population growth have also contributed to increased demand for investment in the industry. While sales of conventional air conditioning units remain strong, new technologies are being more widely adopted, particularly large purpose-built projects such as; variable refrigerant flow (VRF) systems, centrifugal chillers and district cooling. Air conditioning is responsible for 70% of electricity consumption in Saudi Arabia. Demand for HVAC solutions is predicted to double by 2030 as 1.5 million new homes needed for growing population will double the current demand for HVAC solutions. — SG
