In the last years, we’ve witnessed a great job from Saudi according to the clean energy projects. Al Faisaliah Solar Power Project is an example of the Kingdom’s hard work and plans, so let’s discover how it impacts the national economy and opportunities.
What is Al Faisaliah Solar Power Project ?
This project is a result of the Saudi Ministry of Energy’s memorandum with the Makkah Region Development Authority, during the second phase of the Makkah Region Economic Forum in 2019.
This project aims to meet the growing demand for electricity and renewable energy, with 2,600 MW of production capacity, especially in the anticipated increase of residents.
The project takes its name from the district where it’s located. It reflects Saudi Arabia’s vision to create clean energy sources and reduce reliance on fossil fuels.
Also read about Rabigh Solar Power Project
Phases of the Al Faisaliah Solar Power Project
As a huge project like this, it will be implemented with multiple phases to achieve the maximum productivity till 2050, and these phases are:
First Phase
This phase aims to create 600 MW of solar power through the Renewable Energy Project Development Office. In other words, it seeks to involve the private sector after preparing technical and technological research.
Second Phase
With the second phase, 2000 MW will be the certain aim to achieve, the (PIF) and its partners take the responsibility to develop the major part of this project.
Also read about Jeddah Solar Power Project
Objectives of the Al Faisaliah Solar Power Project
In reality, Al Faisaliah aims to achieve multiple objectives that will change the future of energy in the governorate, such as:
- Contributing to offer 4000 construction jobs and 150-200 operational jobs.
- Support sustainable economic development in the region by providing energy.
- Enhancing the flexibility and security of the regional electricity grid.
- Improving the accommodation of growing population densities.
- Reduce carbon emissions by over 4 million tons annually.
- Empowering real estate and industrial investment in Al Faisaliah district.
Location of the Al Faisaliah Solar Power Project
This project located in the western region of Saudi, specifically in the Al Faisaliah Comprehensive Project, including 2,354,000,000 sqm of total space extends between Makkah and Jeddah.
The Project’s Economical Benefits
Countless economical benefits can be achieved and already achieved with this innovative project, such as:
- Huge productive abilities reaches 2,600 which, considering it one of the largest power projects.
- Building partnerships between the Ministry of Energy and the Public Investment Fund.
- Enhancing energy security and resilience in the western region.
FAQ
Here are the frequently asked questions about the project:
When the Project Began?
It began in 2019, as we mentioned above, during the events of Makkah Economic Forum.
When Will the Al Faisaliah Solar Power Project Be Completed?
It’s not announced yet about the estimated time, but according to the Al Faisaliah Comprehensive Project that includes solar power, the whole project will be finished in multiple phases till 2050.
Finally, Al Faisaliah Solar Power Project is one of numerous projects that Saudi leads, aiming to achieve clean renewable energy. You can discover all of them through Bayut Blog that offers all the information of these projects and the prominent investment opportunities.
