According to the futuristic challenges with energy that the whole world faces, Saudi flew out the formation with multiple distinct projects that will guarantee a brighter future. With Rabigh Solar Power Project that hides many solutions, so let’s discover what this project introduces.
The Solar Power Projects Affections
In a world that struggles with the fuel and artificial power resources, turning to the natural ones becomes an essential part of the energetic infrastructure. Solar power offers an infinite resource of electricity generation that’s compatible with the Eco system.
Saudi Arabia has paved the way for starting relying on these projects as futuristic solutions that will reduce energy usage and create clean resources.
Also read about Top Real Estate Technologies.
What Is the Rabigh Solar PV Project?
It’s one of the renewable energy projects for photovoltaic power that Saudi established, with a total capacity that reaches 400 MW, this project is able to provide a fair enough energy for the city.
The Project’s Management
The Rabigh Solar Power Project is managed by the “ Independent Power Producer – IPP ”, including an agreement of buying the long term energy with the “ Saudi Company”. Which guarantees investment worth and stability in incomes.
The Project’s Location
Rabigh Solar Power Project also located far from the governorate about 25 Km, specifically in western part of Saudi in Mekkah region.
What Are the Key Features of the Rabigh Solar Power Project?
Multiple key features of this project can be summarized as follows:
Consumer Services
The produced power of this project reaches an amazing level, it provides 52 thousand residential units with clean electricity and covers all their demands.
Empower the Power’s Independency
In other words, it supports the country’s vision toward diversifying the power resources, in addition to reducing dependence on oil and gas, as the 2030 vision aims to and the National Program of renewable energy.
Stable Financing Program
Mitigating profitability risks and attracting the investors is also one of the hidden advantages of Rabigh Solar Power Project; this can be achieved by using the independent production system and the long term power agreements.
Engaging the International and Local Experience
The partnerships with multiple international developers and local ones will build a bridge for knowledge and technology exchange.
In addition to building national skills in the renewable energy sector, which will create new opportunities for creativity and innovation.
Also read about Saudi Arabia’s Research, Development and Innovation Authority.
How Does the Rabigh Solar Power Project Contribute to Saudi Arabia’s Energy Sector?
We searched deeply about the project’s contributions, but we found them more than restricted into power sector. We collected them as the following:
Environmental Contributions
The project helps to reduce the carbon emissions with 508 thousand tonnes annually. Which shows that it’s quite better compared to fossil fuels.
Economical Contributions
Providing clean energy enhances grid stability, reduces the costs of importing or producing expensive power, and helps lower the nation’s fossil fuel bills.
Social Contributions
Multiple job opportunities will be offered through many departments, such as designing, installation, operation and maintenance, as well as human capital development in technical sectors.
Strategic Contributions
With the new trend of renewable energy, this project reflects the Saudi’s vision of the climate change issue since it’s global, and embodies these ambitions of being a leading country in this sector.
Development Contributions
The solar power project contributes to enhancing the urban sustainability projects by providing reliable energy to residential complexes, industrial areas and nearby rural regions.
In the end, the Rabigh Solar Power Project is just a part of numerous projects that Saudi established, so you can discover them with Bayut-KSA.
