Contract Profile
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Client
NADEC
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Location
Haradh, KSA
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Services
Energy Saving Services & Solutions
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Terms
25 Years
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Annual Energy Reduction
124,000 barrels
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Annual Energy Savings
53,000 tons
Summary
This project was launched in July 2018 by one of the largest agricultural and food-processing company in the GCC, to procure electricity from a 30 MWp solar PV facility in NADEC City, Saudi Arabia. As an alternative to the company’s fossil fuel consumption (1.4 TWh/year),
ENGIE established what constitutes a first utility-scale corporate PPA in the region, between a
developer and an end-customer. The NADEC Solar project initiates a shift in energy consumers procurement strategies. It sets the path for IPP developers to put their expertise at the disposal of private and public energy consumers to reach their sustainability objectives.
Effectively, this project will reduce NADEC’s fuel consumption by 124,000 barrels/year, which will result in a decline of 53,000 tons of annual carbon emissions, thus fully embracing Saudi Vision 2030.
Project Details
- Connection to a Private Grid + Existing and Future Plan Modeling
- State-of-the-Art technology combining bifacial modules on trackers, string inverters and robotic cleaning solution