Efficiency for a Sustainable Future
Efficiency for a Sustainable Future
Discover Tarshid
The National Energy Services Company (Tarshid) is a national company wholly owned by the Public Investment Fund (PIF). It was established in 2017 to be a crucial part of fostering the energy services sector، through promoting integration between energy efficiency, operational efficiency and renewable energy, and maintaining “sustainability,” one of the main pillars of the Saudi Vision 2030.
Projects
Prince Abdulaziz Bin Musaed Hospital - Arar
Launching of Prince Abdulaziz Bin Musaed hospital Retrofitting Project in Arar
Yanbu University College retrofitting project
Launching of Yanbu University College -Female Branch retrofitting project
Northern Border University Retrofitting Project
Launching of Northern Border University Buildings and Facilities Retrofitting Project- Second Phase
Indicators
Environmental Indicators
Barrels of oil / Annually
Barrels of oil equivalent
Seedlings / Annually
The effect of planting seedlings
*Overall cumulative performance.
Environmental Indicators
Barrels of oil / Annually
Barrels of oil equivalent
Seedlings / Annually
The effect of planting seedlings
How to implement energy efficiency projects?
We manage
We take a hands-on leadership approach in our projects by providing active management throughout the entire project lifecycle. Our team continually ensures that risks are mitigated and that incentives are aligned.
We fund
We deploy capital directly into the projects that it invests in covering the upfront costs of energy efficiency measures by either utilizing its own capital or co-financing with other qualified partners.
We develop
We have a team dedicated to sourcing projects with a strong potential for energy savings across the governmental and commercial sectors through a fair and transparent bidding process.Latest News
(Tarshid) has signed an Agreement with Al Taiseer Group TALCO Industrial Company to develop a Solar Energy Project Across the Group’s Facilities in Riyadh, in Support of Saudi Vision 2030 Goals and Environmental Sustainability
As part of its ongoing efforts to expand clean energy solutions within the industrial sector, and attended by the Saudi Authority for Industrial Cities and Technology Zones (“MODON“) and attended by its representatives, the National Energy Services Company (Tarshid) through one of its subsidiaries, signed a development agreement with Al Taiseer Group TALCO Industrial Company, a leading producer of extruded aluminum, decorative surface finishes, and thermal materials. Under this agreement, (Tarshid) will conduct studies to develop a solar photovoltaic system designed to supply TALCO’s facilities in Riyadh with clean, sustainable energy. The project will utilize approximately 37,000 square meters of rooftop space across four facilities with a system capacity of 4.5 MW, integrating the solar systems with existing energy infrastructure to maximize operational efficiency and ensure a reliable, sustainable power source. Representing one of the Group’s most significant sustainability milestones, the project also supports the efforts of the Sau\di Authority for Industrial Cities and Technology Zones (MODON) through its “Green MODON Initiative,” which aims to encourage factories within industrial cities to adopt clean energy solutions and expand afforestation and natural vegetation, contributing to the advancement of a more sustainable industrial ecosystem.
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(Tarshid) Signs MoU with Panda Retail Company to increase energy efficiency in Panda's buildings and facilities
The National Energy Services Company (Tarshid), through one of its subsidiaries, signs a Memorandum of Understanding (MoU) with Panda Retail Company to increase energy efficiency in Panda Retail Company’s buildings and facilities. The MoU aims to create opportunities to improve energy efficiency and launch innovative initiatives to reduce energy consumption and harmful emissions, and promote sustainability. This collaboration supports the objectives of the Saudi Green Initiative and Saudi Vision 2030 through increasing energy efficiency and finding more sustainable solutions in all buildings and facilities in the Kingdom.
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For the Second Consecutive Year, Tarshid Reinforces Its Position as a Great Place to Work for 2025–2026
The National Energy Services Company (Tarshid) announced that it has been certified as a Great Place to Work for the second consecutive year, covering the periods (2024–2025) and (2025–2026). This prestigious global certification is awarded to organizations that achieve the highest standards of employee satisfaction and workplace excellence. The achievement reaffirms Tarshid’s leading position in providing an exemplary work environment that fosters innovation and productivity.
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