goodwe september

A Week In The Middle East: ACWA Power Announces Financial Closure For 1,500 MW Plant, 600 MW Solar Plants In Jeddah & Rabigh, And More


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Financial Closure Announcement by ACWA Power for 1,500 MW Plant

pixon september

ACWA Power, a leading developer, investor, and operator of power generation and desalinated water plants, recently announced the financial closure for the 1500 MW Sudair Solar plant, a key project under the Public Investment Fund (PIF) renewable energy program. The launch of the Sudair Solar project was announced at the inauguration of the Sakaka PV project in April 2021, under the patronage of HRH Prince Mohammed bin Salman bin Abdulaziz, Crown Prince, Deputy Prime Minister, Chairman of the Supreme Committee for Energy Mix Affairs for Electricity Production and Enabling Renewable Energy Sector, and in the presence of HRH Prince Abdulaziz bin Salman bin Abdulaziz Al Saud, Minister of Energy. The EPC agreement for the construction of the Sudair Solar PV was signed with Larsen & Toubro in April 2021. The project’s first phase is expected to begin producing electricity during the second half of 2022, contributing towards the Saudi Green Initiative.

600 MW Capacity Of Solar Plants In Jeddah And Rabigh

For achieving the target to produce 50% of energy from renewables, the Saudi Ministry of Energy with a total area of 12 million square meters is constructing 2 renewable energy plants on two land plots. The plants will be implemented in the Industrial City in Rabigh and the Third Industrial City in Jeddah, through the Saudi Authority for Industrial Cities and Technology Zones MODON. It will have a capacity of 600 MW. Diversification of energy mix for generating electricity is necessary and The Ministry of Energy is working on it. For this, investment is rising in the share of renewable energy sources and gas while displacing liquid fuel and replacing it with natural gas.

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The First Stage of Al Maktoum Solar Park Inaugurated

Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai inaugurated the 300 megawatts (MW) first stage of the 900MW fifth phase of the Mohammed bin Rashid Al Maktoum Solar Park. Implemented by Dubai Electricity and Water Authority (DEWA) using the Independent Power Producer (IPP) model, the solar park is the largest single-site solar park in the world with a planned total capacity of 5,000MW by 2030. The Solar Park’s projects constitute one of the key pillars of the Dubai Clean Energy Strategy 2050, which aims to provide 75% of Dubai’s total power capacity from clean energy sources by 2050. The fifth phase investments amount to AED2.058 billion, according to DEWA.

Thyssenkrupp Bags Green Hydrogen Project of Helios

Thyssenkrupp (German company) bags Helios company’s green hydrogen and ammonia project contract for conducting a technical study. Helios company is based out of UAE. As per the contract, a water electrolysis plant and a sustainable ammonia production facility will be constructed at Khalifa Industrial Zone Abu Dhabi (KIZAD), Abu Dhabi, based on the technology by Thyssenkrupp. This plant will be the first commercial plant to generate carbon dioxide-free green ammonia with the help of renewable resources in the kingdom. The first phase is set to incorporate a multi-megawatt electrolyzer plant and an ammonia production facility with a capacity of 20,000 tonnes per annum with a next step is to increase this to 200,000 tonnes per annum.

The Partnership of MAN Energy & TAQA Arabia in Egypt for Green Hydrogen

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In association with TAQA Power, MAN Energy Solutions signed an MoU for a pilot project of green hydrogen. Based out of Cairo, Egypt, TAQA Arabia’s Power Subsidiary, TAQA Power will provide fuel to domestic tourist busses with locally generated green hydrogen. This Memorandum of Understanding (MoU) provides technical information by MAN Energy Solutions to TAQA Power on employing electrolysis for a hydrogen-plant solution, due to run until autumn 2022. The President of Egypt Abdel-Fattah El-Sisi is urging to establish the production facility and its integrated strategy in the North African state as the interest in alternative fuel is rising amongst the rest of the world. Instead of using fossil fuels, Egypt aims to strengthen its production of renewable energy including hydrogen.

Israel Receives 11 Bids For Its Solar Power Plant

The Finance Ministry of Israel said that it has received 11 bids in total to finance, build and operate a 300 MW solar-powered electricity production plant and storage farm in the southern part of the country. This project will be built in Dimona for both the public and private. The plant will be the largest solar power plant in the country and one of the largest in the entire world. The selected developer will be responsible for planning, financing, building, and operating the solar power plant. By the end of 2024, construction is expected to be completed and the use of fuels that pollute will be reduced. In the coming 3 months, the tender committee will complete the process of bidding. The latest tender is part of a series of solar farms being developed, as the Energy Ministry seeks more solar production and storage to meet government targets of 30% of the total energy production from renewable sources by 2030. All the bids included countries including the United States, Norway, Spain, and France.

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Mai Dubai Cutback CO2 after Starting Solar Rooftop System

According to the latest sustainability report by Dubai Carbon Centre of Excellence (DCCE), in 2020, Mai Dubai made a significant cut in its carbon footprints which is resultant of the installation of the solar PV plant in its facilities in a period of 5 years. Mai Dubai is owned by DEWA and is a bottled water company. Al Qudra site of Mai Dubai in 2020 had zero carbon emissions in comparison to 2019. This happened because sustainability was one of Mai Dubai’s core values which were implemented during its operations. Initiatives such as the 18.1 MW rooftop solar system which is the world’s second-largest solar roof installation and in the Middle East, it is the largest solar-powered company. Further, this will decrease annual carbon emissions by 10,000 MTs.

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