Aramco and Rondo Energy work together for low-carbon energy

Aramco and Rondo Energy collaborate to deploy low-carbon thermal batteries, reducing industrial emissions and supporting the global energy transition

Share:

Comprehensive energy news coverage, updated nonstop

Annual subscription

8.25$/month*

*billed annually at 99$/year for the first year then 149,00$/year ​

Unlimited access • Archives included • Professional invoice

OTHER ACCESS OPTIONS

Monthly subscription

Unlimited access • Archives included

5.2$/month*
then 14.90$ per month thereafter

FREE ACCOUNT

3 articles offered per month

FREE

*Prices are excluding VAT, which may vary depending on your location or professional status

Since 2021: 35,000 articles • 150+ analyses per week

Aramco has signed a memorandum of understanding with Rondo Energy, a low-carbon industrial energy solutions company. This collaboration marks the start of engineering studies for the first large-scale implementation of Rondo thermal batteries, designed to reduce emissions from Aramco’s facilities, with a planned ramp-up to 1GWh. The two companies also plan to explore the potential of this technology for other applications, such as hydrogen production and carbon capture.

Technology and innovation for a sustainable future

Rondo thermal batteries use stored wind and solar energy to provide large-scale, continuous power for industrial processes. Ali Al-Meshari, Senior Vice President of Technology at Aramco, emphasizes the importance of innovative technologies in achieving carbon neutrality by 2050. Aramco and Rondo plan to integrate these batteries into existing infrastructures, facilitating the transition to cleaner energy.

Worldwide deployments and diversified applications

In addition to Aramco’s facilities, the two companies will be studying other applications for Rondo thermal batteries, such as hydrogen production, carbon capture and large-scale desalination projects. These batteries can rapidly convert existing desalination plants to supply water and energy with reduced carbon emissions and at lower cost. The use of sustainable materials, produced locally in Saudi Arabia, is also envisaged to support large-scale production.

Economic and environmental implications

The collaboration between Aramco and Rondo Energy highlights joint efforts to provide low-cost, low-carbon energy solutions for industry. By using proven storage materials and integrating advanced technologies, these thermal batteries offer a resilient, sustainable solution to the world’s energy needs. What’s more, this partnership is helping to create jobs in the renewable energies sector and strengthen secure supply chains.

Thoughts from industry leaders

John O’Donnell, CEO of Rondo, expresses his enthusiasm for this partnership, aimed at providing clean energy solutions and supporting Aramco’s decarbonization ambitions. The signing of this Memorandum of Understanding, in the presence of the US Secretary of Energy and the Saudi Minister of Energy, underlines the importance of this collaboration for global energy transition objectives.

NU E Power Corp. completed the purchase of 500 MW in energy assets from ACT Mid Market Ltd. and appointed Broderick Gunning as Chief Executive Officer, marking a new strategic phase for the company.
Commodities trader BB Energy has cut over a dozen jobs in Houston and will shift some administrative roles to Europe as part of a strategic reorganisation.
Ferrari has entered into an agreement with Shell for the supply of 650 GWh of renewable electricity until 2034, covering nearly half of the energy needs of its Maranello site.
By divesting assets in Mexico, France and Eastern Europe, Iberdrola reduces exposure to non-strategic markets to strengthen its positions in regulated networks in the United Kingdom, the United States and Brazil, following a targeted capital reallocation strategy.
Iberdrola offers to buy the remaining 16.2% of Neoenergia for 32.5 BRL per share, valuing the transaction at approximately €1.03bn to simplify its Brazilian subsidiary’s structure.
Paratus Energy Services collected $38mn via its subsidiary Fontis Energy for overdue invoices in Mexico, supported by a public fund aimed at stabilising supplier payments.
CrossBoundary Energy secures a $200mn multi-project debt facility, backed by Standard Bank and a $495mn MIGA guarantee, to supply solar and storage solutions for industrial and mining clients across up to 20 African countries.
Mercuria finalises an Asian syndicated loan refinancing with a 35% increase from 2024, consolidating its strategic position in the region.
Sixty Fortune 100 companies are attending COP30, illustrating a growing disconnect between federal US policy and corporate strategies facing international climate regulations.
Tanmiah Food Company signed three memorandums of understanding to reduce its emissions and launched the region’s first poultry facility cooled by geothermal energy, in alignment with Saudi Arabia’s industrial ambitions.
Subsea7 posted higher operating profit and a record order backlog, supported by long-term contracts in the Subsea and Renewables segments.
Adnoc signed multiple agreements with Chinese groups during CIIE, expanding commercial exchange and industrial cooperation with Beijing in oil, gas and petrochemical materials.
Cenovus Energy completed a $2.6bn cross-border bond issuance and plans to repurchase over $1.7bn in maturing notes as part of active debt management.
The German group is concentrating its industrial investments on Grid Technologies to expand capacity in a strained market, while maintaining an ambitious shareholder return programme.
Enerfip completes its first external growth operation by acquiring Lumo from Société Générale, consolidating its position in France’s energy-focused crowdfunding market.
French group Schneider Electric will supply Switch with cooling and power systems for a major project in the United States, as energy demand driven by artificial intelligence intensifies.
The French energy group triples its office space in Boston with a new headquarters featuring a customer experience centre and integrated smart technologies. Opening is scheduled for mid-2026.
Shell extends its early participation premium to all eligible holders after collecting over $6.2bn in validly tendered notes as part of its financial restructuring operation.
After 23 years at ITC Holdings Corp., Chief Executive Officer Linda Apsey will retire in March 2026. She will be replaced by Krista Tanner, current President of the company, who will also join the Board of Directors.
ReGen III confirmed receipt of $3.975mn in sub-agreements tied to its convertible debenture exchange programme, involving over 97% of participating holders.

All the latest energy news, all the time

Annual subscription

8.25$/month*

*billed annually at 99$/year for the first year then 149,00$/year ​

Unlimited access - Archives included - Pro invoice

Monthly subscription

Unlimited access • Archives included

5.2$/month*
then 14.90$ per month thereafter

*Prices shown are exclusive of VAT, which may vary according to your location or professional status.

Since 2021: 30,000 articles - +150 analyses/week.