The agreement with EDB is set to advance Yellow Door Energy’s solar initiatives, covering over 60 new projects. (Image Credit/Source: mrganso/Pixabay)
ACWA Power has commenced commercial operations at the 600 MW Al Shuaibah 1 solar plant, which received its commercial operation certificate from the Saudi Power Procurement Company (SPPC). The financial impact of this operation is expected to be reflected in the fourth quarter of 2024. In August 2023, a consortium consisting of ACWA Power, Water and Electricity Holding Company (Badeel), and Saudi Aramco announced the financial closure of both Al Shuaibah 1 and 2 Independent Water and Power Projects (IWPPs), totaling a combined capacity exceeding 2.6 GW. SPPC, as the principal buyer, manages project tendering and power procurement. The ownership of Al Shuaibah 1 and 2 is divided, with ACWA Power holding 35.01%, Badeel 34.99%, and Aramco 30%.
The dual-use project integrates agriculture under solar panels and floating aquaculture with energy storage. (Image Source: PRNewswire)
The Horsham project combines solar and battery storage, supporting grid stability and peak demand management. (Image Credit/Source: Atimedia/Pixabay)
The 20 MW solar project actively supports Eramet’s SBTi roadmap and climate goals. (Image Source: SolarPanal/Pixabay)
Sherco Solar is the Upper Midwest’s largest solar project, set to power 150,000 homes when fully operational. (Image Source: Xcel Energy)