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Acwa Power to Enter China in 2021: CEO
and renewable energy from solar and wind energy. Acwa is a key part of Saudi Arabia’s plans to neutralize its carbon emissions by 2060, but the company also
Sep 5, 2023 // Markets & Finance News, Saudi Arabia, China, Asia, ACWA Power
MA'ADEN, GlassPoint sign pact to create world's biggest solarized steam plant
Saudi Arabian Mining Company or MA'ADEN which is the country's nationwide mining champ has signed a MoU with the US based GlassPoint to establish the world's biggest solar procedure heat plant at MA'ADEN Alumina refinery. GlassPoint claims to be a leader in industrial solar steam.
The official declaration of the companies holds that when full, the 1,500 MW solar steam facility will certainly assist MA'ADEN accomplish sustainability objectives by minimizing carbon emissions by over 600,000 tons annually. This represents more than 50% reduction of carbon impact in MA'ADEN Alumina refinery and also 4% of total carbon impact of MA'ADEN.
The pact was checked in Riyadh by Riyadh Al Nassar, senior vice president of MA'ADEN aluminum company and also Rod MacGregor, chief executive officer and also creator of GlassPoint.
MA'ADEN CEO Robert Wilts claimed, "As the 3rd column of the Saudi economic climate, we aspire to be a good example in ESG in the Kingdom. This considerable development will dramatically lower our carbon impact as well as bring us closer to our mandate of carbon neutrality by 2050. As the world moves in the direction of green aluminum, MA'ADEN intends to help blaze a trail in this shift."
Riyadh Al Nassar stated, "The recommended new facility, a solar thermal plant known as MA'ADEN Solar 1, will be found in Ras al Khair, Kingdom of Saudi Arabia, as well as will certainly harness the power of the sun to create steam. The steam will be utilized to refine bauxite ore into alumina. Alumina is an important feedstock to Aluminum, which is just one of the world's most crucial steels for several worldwide markets entering into a future that is concentrated on atmosphere and sustainability."
Rod MacGregor, chief executive officer as well as creator of GlassPoint, discussed, "This facility when built will be the largest industrial solar steam plant on the planet and the first released in both Saudi Arabia as well as in the aluminum supply chain. With this MOU, GlassPoint is going into a brand-new stage of growth to help decarbonize a series of industries seeking to lower their carbon impact."
The pact of MA'ADEN as well as GlassPoint remains in line with the Saudi Green Initiative (SGI) that advancements the battle of the country versus climate adjustment and help Saudi Arabia to end up being an international leader in sustainability. In 2021, the SGI unveiled a first wave of more than 60 initiatives, amounting to a $186 billion investment to accelerate the green economic climate in Saudi Arabia as well as past.
Jun 6, 2022 // Plants, Large-Scale, Commercial, Saudi Arabia, Asia, MoU, carbon emissions, GlassPoint, industrial solar steam, MA'ADEN, Riyadh Al Nassar, Robert Wilts, Rod MacGregor, Saudi Green Initiative, SGI
Solar Tracker Maker PVH readied to Open up First Solar Facility in the Middle East
Our commitment to local production development in the different regions of Saudi Arabia has actually triggered us to open our very first production center in the
May 19, 2021 // Manufacturing News, Saudi Arabia, Asia, PVH, middle east, PV Hardware, Youssef El-Sayed
Huawei Powers Saudi Arabia's Red Sea Project with Solar Microgrid
construction of the world's largest photovoltaic-energy storage microgrid in Saudi Arabia's Red Sea Project. The project, spearheaded by Red Sea Global, aims to create
Aug 19, 2024 // Technology, Huawei, FusionSolar Smart String Energy Storage Solution
4000 MW Renewable Energy Project for NEOM to find Up Near Jordan Border
renewable energy projects that are being prepared by Saudi Arabia to supply electrical energy to the green hydrogen based ammonia plant in the city of NEOM show up to
Apr 20, 2022 // Plants, Large-Scale, Commercial, Markets & Finance News, Renewable Energy, Solar Power, wind power, RE, Energy China, Larsen and Toubro India, NEOM City, Power China Huadong, Sepco 3
GameChange, JZNEE to Build 3-GW Solar Tracker Factory
has partnered with China's JZNEE to establish a 3-GW solar tracker factory in Saudi Arabia, with the potential to expand to 5 GW. The facility, located in Dammam, will
Apr 26, 2024 // Manufacturing News, Saudi Arabia, Asia, Solar Tracker, GameChange, JZNEE
KAUST, LONGi Advance Solar Energy
address the pressing challenges of climate change in line with the Kingdom of Saudi Arabia’s Vision 2030 and Saudi Green Initiative.
What Benefits Does
Aug 18, 2023 // Technology, LONGi, KAUST
ACWA Power to develop 2060MW solar project
the guidance of our visionary management and also the Ministry of Energy, Saudi Arabia remains to accelerate its ambitious prepare for expanding its energy mix to
Nov 30, 2022 // Plants, Large-Scale, Commercial, ACWA Power, Solar Project
Engie Partners with Al Jouf for 22-MW Solar Project
to establish a 22-MW solar power installation at the latter's cement plant in Saudi Arabia's Northern Borders Province. This photovoltaic (PV) system will supply on-site
Nov 20, 2024 // Plants, Large-Scale, Commercial, Engie, Solar Project
ACWA Power Attains Financial Close for 1500 MW Sudair Solar Plant
Fund (PIF) renewable energy program in the country, which aims to support Saudi Arabia's ongoing energy change and diversification, and to supply 70% of the nation's
Aug 16, 2021 // Plants, Large-Scale, Commercial, Markets & Finance News, Saudi Arabia, Asia, ACWA Power, PV Power Plant, NREP, National Renewable Energy Program, Public Investment Fund, PIF
ACWA makes power play for 700MW Saudi solar
PPA is for the $450m Ar Rass solar photovoltaic independent power plant in Saudi Arabia's Al Qassim province.
Ar Rass is expected to reach economic enclose the
Mar 8, 2022 // Plants, Saudi Arabia, Asia, ACWA Power, Saudi Power Procurement Company, SPPC
Somabay Resort And TAQA Arabia Establish PV Solar Plant
Cairo, Egypt experienced the celebration of the launch of a 5MW PV solar plant in Somabay Resort possessed by TAQA Arabia, which is the full-service power as well as utility supplier in Egypt.
Jul 5, 2022 // Plants, Large-Scale, Commercial, TAQA Arabia, carbon footprint, desalinated water, PV Solar Plant, Somabay
Financial Agreements Signed to Fund World's Largest Green Hydrogen Project in Neom
green hydrogen manufacturing plant in Neom, the sustainable city project in Saudi Arabia. The quantum of funds committed by the lenders with Saudi Industrial
Dec 20, 2022 // Solar to Fuel, green hydrogen, hydrogen project, green ammonia, Air Products, National Infrastructure Fund, Neom financial agreements, Neom Green Hydrogen Company, NGHC, NIF, Saudi Industrial Development Fund, SIDF
Trina Solar Vertex N 700W+: Mass Production Begins
actual projects have been installed using the Vertex N 700W+ series modules in Saudi Arabia and China, providing valuable feedback on real world performance.
What
Aug 31, 2023 // Manufacturing News, Trina Solar, Vertex Module
Scientists in Saudi Arabia Make 27% Effective n-i-p Perovskite Tandem Cell
led by Saudi Arabia's King Abdullah University of Science and Technology (KAUST) have demonstrated a tandem cell based on an n-i-p perovskite piled on top of a
Jul 13, 2021 // Technology, Saudi Arabia, King Abdullah University of Science and Technology, Asia, solar cell, perovskite, efficiency, KAUST, n-type cell architecture, tandem devices