Saudi Arabia’s steps started moving towards solar energy

Sustainable energy supply is steadily increasing in Saudi Arabia, French energy sector leader Total Energies has completed the financing of its first solar power plant in Saudi Arabia.

According to foreign media reports, France’s Total Energy, Japan’s Toyota and Saudi Arabia’s Altaqa will develop a 119 MW renewable energy solar plant through a consortium.

The French group had signed an agreement with Riyadh-based Saudi Power Procurement Company for the power project, in which the consortium will finance and operate the photovoltaic power plant.

According to Total Energy Saudi Arabia, the plant will be built by Chinese infrastructure company Sepco in Al-Wasir Valley, about 500 kilometers from the capital Riyadh, by early 2025. The project is another example of its successful energy strategy.

It should be noted that under Vision 2030, Saudi Arabia’s goal is to increase domestic production capacity from renewable energy to 50% by the end of this decade, and Saudi Arabia’s goal is to achieve zero carbon emissions by 2060.

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