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Saudi Arabia Signs Agreement to Build Field of Hybrid Solar Energy – EQ Mag Pro

Saudi Arabia Signs Agreement to Build Field of Hybrid Solar Energy – EQ Mag Pro

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King Abdullah Economic City (KAEC) and SAFEER – a joint venture between TotalEnergies and Altaaqa Alternative Solutions – announced an agreement to provide a major hybrid solar power farm project for KAEC.

The strategic plan seeks to develop an estimated 25,000 solar panels (ground-mounted motorized system) producing a capacity of 12.5-megawatt peak (MWp) for the city. The hybrid solar power farm is expected to reduce KAEC’s carbon footprint of nearly 20,380 metric tons of CO2 emissions per year as well as decrease diesel consumption by approximately 30%.

The project falls within the framework of King Abdullah Economic City’s endeavor to collect and recycle waste, and build landfill-free certified factories. The cooperation with the company is aligned with the City’s goals to be socially and environmentally sustainable, and to explore new and effective development solutions that benefit the entire community.

“We are excited to launch KAEC’s first Sustainability project in line with the Kingdom’s Green Initiative, Vision 2030 and the overall United Nations Sustainable Development Goals (UNSDG) for the planet. Signing with SAFEER will enable KAEC to move away from diesel-powered generators and produce green energy for the city and for renowned electric vehicle manufacturers such as LUCID,” said CEO of KAEC Cyril Piaia.

He continued: “This hybrid solar farm will also significantly reduce KAEC’s carbon footprint as well as reduce our power generation cost of 17%, which is a nice value-add to the project.”

Source: aawsat
Anand Gupta Editor - EQ Int'l Media Network