Saudi Energy Minister Prince Abdulaziz bin Salman announced the signing of agreements for 7 new projects for the production of electricity from solar energy, in various regions of the Kingdom, and the signing of energy purchase agreements related to them.

These projects are divided into : Medina, Sudair, Rabigh, Qurayyat, Shuaiba, Jeddah, Rafha.

The total capacity of these projects, in addition to the Sakaka plant and the Dumat Al-Jandal station, is about 3670 megawatts.

And the Saudi Minister of Energy added that these projects will provide electrical energy for 600 thousand housing units, and will reduce about 7 million tons of Greenhouse emissions.

The lowest cost of electricity in the world

Prince Abdulaziz bin Salman reiterated that “some of these projects It has achieved record numbers, represented by recording the lowest cost of purchasing electricity produced from solar energy in the world, as the cost of purchasing electricity in the Shuaiba project was 1.04 US cents per kilowatt hour.

Saudi Arabia The most capable and cheapest to be a homeland of energy

And in a clear language, the Saudi Minister of Energy stated: “The Kingdom is the most capable and powerful.” It is cheaper to be a homeland of energy. ”

The previous record was set in the name of Portugal in the summer of last year, at 1.32 cents per kilowatt-hour.

In addition, the Saudi Minister of Energy stressed However, the private sector plays a strategic role in developing renewable energy projects, as the Sakaka plant project was developed by “Akwapower”, along with several Saudi companies.

Sakaka PV plant

In turn, the Saudi Crown Prince, Prince Muhammad bin Salman bin Abdulaziz, said that the opening of the Sakaka plant for the production of electricity from solar energy and the signing of energy purchase agreements for 7 new projects came in implementation of directives The Custodian of the Two Holy Mosques King Salman bin Abdulaziz Al Saud is working to develop the economy of the Kingdom of Saudi Arabia, in accordance with Vision 2030, and the initiatives that fall under it in the renewable energy sector. The announcement of the “Saudi Green Initiative” and the “Green Middle East Initiative”, which showed that we, as a leading global producer of petroleum, are fully aware of our share of the responsibility in advancing the fight against global Nakh, and in continuation of our pioneering role in stabilizing energy markets, we will continue this role to achieve leadership in the field of renewable energy. ”

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