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Saudi Arabia plans to shift a large portion of its domestic energy production away from fossil fuel towards solar energy by 2030. Yet, the solar energy pool is mainly targeting photovoltaic technology. This study analyzes the potential of cleaner energy production from solar energy using concentrated solar power technology. First, different locations for concentrated solar …
Continue reading “Techno-economic assessment of concentrated solar power generation in Saudi Arabia”
Saudi Arabia plans to shift a large portion of its domestic energy production away from fossil fuel towards solar energy by 2030. Yet, the solar energy pool is mainly targeting photovoltaic technology. This study analyzes the potential of cleaner energy production from solar energy using concentrated solar power technology. First, different locations for concentrated solar …
Continue reading “Techno-economic assessment of concentrated solar power generation in Saudi Arabia”
Saudi Electricity Company’s (SEC) Green Duba Integrated Solar Combined Cycle (ISCC) Power Plant, located in Duba in Tabuk province, is expected to be completed by the third quarter of 2023. “The Operation and Maintenance (O&M) assessment work is currently in progress and the project is expected to be ready by early third quarter 2023,” a …
Continue reading “Hybrid power project combines concentrated solar power with CCGT”
Saudi Arabia has launched an ambitious project that will develop a first-of-a-kind efficient coupling of concentrated solar power and desalination techniques. 10M€ ($11.7mn) project 19 partners and 12 countries are taking part in the 10M€ ($11.7mn). The “DESOLINATION” project is planned to last four years to 2025. As well as building the combined plant itself, …
The kingdom has high potential to capitalise on solar energy – photovoltaic technology and concentrated solar power technology – to drive its economic diversification agenda, new research from investment banking company Natixis shows. It also pointed to wind energy as a promising front as technological advancements make wind farms more economically viable. Saudi Arabia, under …
Continue reading “Saudi Arabia is getting serious about green energy”
A Saudi developer’s plan to harness the sun 24/7 is sparking a renewable energy revolution in the region. ACWA Power is the main developer on the Mohammed bin Rashid Al-Maktoum Solar Park. Saudi Arabia is embracing a new, more efficient way to harness solar power for electricity, inspired by its role as the main developer …
Continue reading “Saudi Arabia shines a light on future of concentrated solar power”
Saudi Arabia’s futuristic Neom City will not use the cheapest sources of renewable energy, but those with the best chances of being dispatched, due to the storage potential of concentrated solar power. But several issues must be addressed to make the tech viable. Neom City is a futuristic city that the Saudi Arabian government plans …
Continue reading “Concentrated solar power will dominate Neom City’s energy mix”
The development of Saudi Arabia’s renewable energy sector could lead to the creation of up to 750,000 jobs over the next decade, as the kingdom aims to derive 7 percent of its total electricity production from wind, photovoltaic and thermosolar by 2030. Solar photovoltaic and Concentrated Solar Power will account for 77 percent of all …
Saudi Arabia’s futuristic $500-billion new city Neom has signed an agreement with the UK-based Solar Water Limited for the construction of the first desalination plant with ‘Solar Dome’ technology in the city. The pilot project promises to revolutionise the water desalination process, helping solve one of the world’s most pressing problems – access to fresh …
Continue reading “Neom to build desal plant with ‘solar dome’ technology”
Saudi Arabia will start offering loans for renewable energy projects and manufacturers of renewable-energy components as the kingdom seeks to diversify its economy away from crude oil. The 105 billion-riyal ($28 billion) Saudi Industrial Development Fund opened applications for the program, called Mutjadeda, on Sunday. The program will give loans of as much as 1.2 …
Continue reading “Saudi Arabia starts offering loans to develop renewable energy”