World’s largest single-contracted solar PV plants
ACWA Power announced today the financial close 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 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.
A specialized Saudi technical team at the Ministry of Energy selected the Sudair project site and carried out the engineering requirements and preliminary studies of the project with the aim of achieving the highest levels of efficient energy production and contributing to shaping the circular carbon economy, which the Kingdom adopted during its presidency of the G20 last year.
Sudair solar is testament to the Kingdom’s continuous efforts to reduce emissions resulted by the energy sector. Additionally, the Ministry of Energy utilises its Renewable Energy Program and Local Content Development Program to enable the prosperity of this promising sector and its supply chains through various initiatives such as mobilizing private sector investments and encouraging partnerships between the public and private sectors to create a competitive national market for renewable energy.
Information Source: ACWA Power ..–>
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