The Sakaka solar power plant project is considered the first renewable energy project in the Kingdom, as it was connected to the national electricity grid in November 2019, and its production capacity is 300 MW. The plant, which has an investment cost of 1.1 billion riyals, will contribute to avoiding 564,000 tons annually of carbon emissions, and meeting the energy needs of about 41,000 housing units.
At the other end of the region is the Dumat Al-Jandal wind power plant, which will produce about 400 megawatts, while its investment cost is about 1.8 billion riyals, and will meet the energy needs of about 72,000 housing units, while contributing to avoiding 988 thousand tons annually of carbon emissions.
The sites designated for renewable energy projects were carefully selected by a Saudi technical team to achieve the highest possible production quality to enhance economic development in all regions of the Kingdom.
Renewable energy projects will contribute to shaping the features of the circular carbon economy – which the Kingdom supports during its presidency of the G20 this year – by reducing carbon emissions in the Kingdom’s energy sector.
And by 2030, the Kingdom’s dependence on renewable energy will be 50% of its electrical energy production.
These projects are characterized by being independent in terms of financing; Through partnerships between the public and private sectors, the energy that will be produced by these projects will be purchased according to the principle of Independent Product (IPP) within the framework of power purchase agreements for a period ranging between 20 and 25 years with the Saudi Power Purchase Company.
These were the details of the news Two renewable energy projects in Al-Jouf – Saudi News for this day. We hope that we have succeeded by giving you the full details and information. To follow all our news, you can subscribe to the alerts system or to one of our different systems to provide you with all that is new.
It is also worth noting that the original news has been published and is available at saudi24news and the editorial team at AlKhaleej Today has confirmed it and it has been modified, and it may have been completely transferred or quoted from it and you can read and follow this news from its main source.
