The Saudi Aramco Power Company (SAPCO) joins the consortium with PIF-owned Water & Electricity Holding Company (Badeel)
The launch of the Sudair Solar project was announced at the inauguration of Sakakah PV project in April 2021.
ACWA Power also announced that SAPCO, a fully owned company of Aramco, has joined the consortium with ACWA Power and Badeel, a company fully owned by PIF. With an investment value of SAR 3.4 billion, Sudair Solar PV project, which is located at Sudair Industrial City, is set to become one of the largest single-contracted Solar PV plants in the world and the largest of its kind in Saudi Arabia.
Using bi-facial modules with tracking technology, the plant is set to deliver highly efficient performance and be capable of powering 185,000 homes, while offsetting nearly 2.9 million tons of emissions per year. “The launch of Sudair Solar embodies a pivotal foundation for diversifying the energy mix and accelerating energy transition in the Kingdom,” affirmed Mohammad Abunayyan, Chairman, ACWA Power.
“This project helps fulfill the aims of the Saudi Green Initiative to chart a path for Saudi Arabia and the broader region to protect the planet by clearly defining an ambitious roadmap that rallies the region,” stated Yazeed Alhumied, Deputy Governor and Head of MENA Investments, PIF.
“Sudair will support Saudi Arabia’s ambition to generate part of the nation’s power needs from renewable energy by 2030, and is one of several low-carbon energy options being deployed by Aramco,” asserted Mohammed Al Qahtani, Senior Vice President of Downstream, Aramco.
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