France-headquartered ENGIE signed a PPA with Al Jouf Cement Company to develop a 22 MW solar PV plant at its Turaif facility in Saudi Arabia. Spanning 420,000 square meters, the plant was designed to generate on-site power and cut carbon emissions by 1,481,100 tons over 25 years. The project supported Saudi Vision 2030 by advancing industrial decarbonization, with ENGIE managing development, operation, and maintenance, and Al Jouf Cement purchasing the electricity output at a fixed rate.
ENGIE, Al Jouf Cement partner on 22 MW PV project in Saudi Arabia
Al Jouf Cement to purchase renewable electricity from ENGIE’s solar system under a long-term PPA. (Image Source: Zawya)
Scatec has secured EUR 25 million from IFU, alongside equity and non-recourse debt, for its USD 85 million project financing. (Image Source: Scatec ASA)
EliTe Solar launched its 5 GW PV project in Egypt’s TEDA Suez Zone, set to begin production by September 2025. (Image Source: PRNewswire)
Part of SECI’s 2 GW ISTS initiative, the project will deliver four hours of peak power daily for 25 years. (Image Credit/Source: Pixabay/Pexels)
Ethical Power Italia’s first EPC projects in Italy, two solar farms for Encavis AG, will generate 28 GWh annually. (Image Credit/Source: TomFisk/Pexels)