NADEC Transitions to Renewable Energy as first Corporate Solar PPA in KSA Farm Becomes Operational
Riyadh, Saudi Arabia: In line with the Kingdom of Saudi Arabia’s Vision 2030, NADEC – the country’s leading agricultural and food processing company and one of the largest in the Middle East and North Africa, together with the French energy company ENGIE, has announced that its solar energy project, located in NADEC’s Haradh industrial park, is now commercially operational since December 22nd. The announcement comes following the completion of the second phase of construction on the solar farm, completed on 31 November 2021.
The solar PV park was developed as part of a 25-year corporate power purchase agreement between NADEC and ENGIE, the first of its kind in the country.
The facility, located on an area of land spanning 766,000 sq. meters, roughly equivalent to 21 football pitches, has a capacity of 30 MW. With state-of-the-art technology, the solar PV park features 75,000 photovoltaic bifacial modules with single access trackers, string inverters, and fully automated robotic cleaning, helping boost their production capability and cost-efficiency.
Speaking on the launch of the solar PV park’s commercial operations, Turki Al Shehri, Chief Executive Officer for ENGIE in the Kingdom of Saudi Arabia, said: “At ENGIE, we are guided by our mission to support the transition to renewable energy, helping governments and businesses embrace the green, circular economy. We are delighted to announce that we have reached a new milestone on NADEC’s solar PV park as it becomes commercially operational. This is a significant achievement for the Kingdom as part of its drive to decarbonize the economy and make the shift toward a more sustainable future for all.”
The project is estimated to lower carbon emissions by 53 million kg per year.