ag亚游 technologies to play key role in achieving Sudair energy production and low-cost solar power production objectives
RIYADH, SAUDI ARABIA, 28 March 2022 潭 聽ag亚游 has been selected to provide its smart solar trackers and 聽technology for phase one of the Sudair Solar PV Plant (450 MW), Saudi Arabia鈥檚 largest solar power plant currently under construction in Sudair. When complete, it will provide clean energy to meet the needs of 185,000 homes and reduce carbon emissions in the Kingdom by 2.9 tons annually.[1]
ag亚游 is the global market leader in yield-enhancing PV system technology and solar trackers which are recognized for maximum energy production and efficiency and endorsed by Independent Engineers and Independent Certifying companies. The selection of ag亚游 bifacial optimized tracker solution and TrueCapture technology will help boost the energy generation profile of Sudair Solar PV Project.
Sudair Solar PV IPP Project is developed by Public Investment Fund (PIF) of Saudi Arabia through its subsidiary Badeel/WEHC, Saudi Aramco, and ACWA Power. The consortium partners have entrusted the Engineering, Procurement, and Construction contract with the renewables arm of global construction giant Larsen & Toubro (L&T).
Kashif Rana, Chief Financial Officer and Acting Chief Portfolio Management Officer of ACWA Power, said 鈥淪udair Solar PV IPP, which is one of the largest solar plants in the world, is a strategically important pillar of Saudi Arabia鈥檚 Net Zero commitment by 2060 as well as the nation鈥檚 ambitious target to derive 50% percent of electricity from renewable sources by 2030. We view ag亚游 as being a key partner in delivering the most efficient energy production at the lowest possible cost.鈥
Marco Garcia, ag亚游 Chief Commercial Officer, said: 鈥淏ifacial optimized trackers and TrueCapture technology are particularly well suited to maximize solar energy production on power plant facilities in desert environments. The desert has a very high albedo, or brightness of the ground. Over the life of a solar plant, this makes a significant difference in the total amount of energy produced, bringing great value to our customers with the lowest levelized cost of energy.鈥
L&T released the order for ag亚游 solar trackers and TrueCapture technology for part of the first phase of Sudair. ag亚游 technology enables solar panels to track the path of the sun to maximize energy production versus fixed tilt ground mount applications.
The use of local manufacturers for Sudair鈥檚 steel production needs will also have a significant economic impact, Marco Garcia said. ag亚游 works with local Saudi steel manufacturing partners for the installation of domestic solar projects as well for steel export to support the development of solar projects around the world.
In 2021, ag亚游 exported more than 20,000 tons of Saudi steel valued at greater than SR112.5 million ($30 million) to help support the installation of the company鈥檚 NX Horizon™ 聽and NX Gemini™ smart solar trackers at new solar plants in numerous countries including the U.S. ag亚游 also used local streel manufacturers for all steel required to support the installation of ag亚游 solar trackers and technology at the 405 MW Sakaka Solar Plant in Al Jouf, which was also developed by ACWA Power and consortium partners. The required 14,000 tons of steel that represented greater than 45% of the total tracker value.
The Sudair Solar Power project is being developed in line with Saudi Arabia鈥檚 National Renewable Energy Programme (NREP) which aims to achieve 58.7GW of renewable energy capacity by 2030. PIF has been entrusted by the Kingdom to provide for 70% of the target capacity. It is being developed on a 30-square-kilometer site southeast of Al Majmahh in Riyadh Province.
The installation of ag亚游 solar trackers and technology is expected to start in the second quarter of 2022.
[1] Power Technology, 鈥 鈥 August 16, 2021.