NewsRed Sea Global Partners With EDF And Masdar For 25-Year Solar-Powered Amaala...

Red Sea Global Partners With EDF And Masdar For 25-Year Solar-Powered Amaala Project In Saudi Arabia

Red Sea Global (RSG), the developer behind Amaala and The Red Sea, has partnered with French utility firm EDF and clean energy company Masdar to establish a 25-year concession agreement for a multi-utilities infrastructure facility serving the Amaala destination. Similar to The Red Sea, Amaala will rely entirely on solar energy, reducing CO2 emissions by nearly half a million tons annually.

Growatt

The facility comprises an optimized off-grid renewable energy system, battery energy storage, a desalination plant, and a wastewater treatment plant, all powered by renewables.

John Pagano, CEO of Red Sea Global, expressed the project’s sustainability focus and its goal of achieving a zero-carbon footprint when fully operational, following the model of The Red Sea, where five solar farms were recently completed.

Amaala’s renewable system can generate up to 410,000 MWh per year, including a 700 MWh battery storage facility for continuous renewable power and a 37 million-liter-per-day water desalination plant using reverse osmosis technology.

The contract follows a public-private partnership model and covers the design, construction, and operation of utility systems and related infrastructure. EDF’s Béatrice Buffon emphasized EDF’s commitment to carbon neutrality by 2050 and the project’s significance in delivering carbon-free electricity and water around the clock.

Mohamed Jameel Al Ramahi, CEO of Masdar, highlighted the project’s innovative solutions, including solar, battery storage, and desalination, and its contribution to sustainable economic development in Amaala.

Also Read  NSEFI Launches Southern Regional Committee Chapter in Chennai to Advance Decarbonisation Across South India

The utility concession agreement spans 25 years, with extension options, and encompasses financing, engineering, development, construction, operation, maintenance, and transfer of the infrastructure facility.

Phase One of Amaala, the Triple Bay masterplan, is set to welcome its first guests in early 2025. The destination will feature over 3,900 hotel rooms, high-end residences, retail establishments, fine dining, wellness facilities, and more, catering to both visitors and the community of over 15,000 people who will live and work in Amaala upon completion.


Discover more from SolarQuarter

Subscribe to get the latest posts sent to your email.

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.

RELATED ARTICLES

Subscribe Today

GET EXCLUSIVE FULL ACCESS TO PREMIUM CONTENT

SUPPORT CLEANTECH JOURNALISM

EXPERT ANALYSIS OF AND EMERGING TRENDS

TOPICAL VIDEO WEBINARS

Get unlimited access to our EXCLUSIVE Content and our archive of subscriber stories.

Exclusive content this week

UPCOMING EVENTS

Latest article

More articles

- Advertisement -Newspaper WordPress Theme