Mohammed bin Salman: Saudi Arabia will become a global center for conventional and renewable energy

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          He announced the opening of the Sakaka plant and the signing of agreements for 7 new projects in different regions            </p><div itemprop="articleBody">
          <p>Prince Muhammad bin Salman bin Abdulaziz, Crown Prince, Deputy Prime Minister and Minister of Defense, Chairman of the Supreme Committee for Energy Mix Affairs to produce electricity and enable the renewable energy sector, today (Thursday), the inauguration of the Sakaka plant for the production of electricity from solar energy and the signing of energy purchase agreements for 7 projects New, in implementation of the directives of the Custodian of the Two Holy Mosques, King Salman bin Abdulaziz, to work on developing the Saudi economy, in accordance with "Vision 2030", and the initiatives that fall under it in the sector.

The Crown Prince said that the “Green Saudi Arabia” and “Green Middle East” initiatives announced over the past weeks have demonstrated “that we, as a leading global producer of petroleum, are fully aware of our share of the responsibility in advancing the fight against climate change, and in continuation of our pioneering role in stabilizing energy markets, We will continue this role to achieve leadership in the field of renewable energy ».

He added, “This occasion expresses our determination to be pioneers in all energy sectors, and our endeavor to achieve the optimal mix of them, and enhance the efficiency of their production and consumption, as we are witnessing today the launch and operation of the Sakaka plant for the production of electricity from solar energy, which represents our first steps to exploit renewable energy in the Kingdom.” “In the near future, the construction of the Dumat Al-Jandal plant to produce electricity from wind energy will be completed,” he affirmed.

Prince Mohammed bin Salman continued, saying: “Today we are witnessing the signing of agreements for seven new projects to produce electricity from solar energy, in different regions of the Kingdom, and the production capacity of these projects, in addition to the Sakaka and Domat Al-Jandal projects, will reach more than 3600 megawatts,” indicating that “ It will provide electric power to more than 600 thousand housing units, and will reduce more than 7 million tons of greenhouse emissions, ”noting that“ some of these projects have achieved new records represented in registering the lowest cost of purchasing electricity produced from solar energy in the world, as the cost reached From the Shuaiba project (1.04) US cents per kilowatt hour », pointing out that there are other renewable energy projects around the world that will be announced in due course.

He stressed that «these projects, and other renewable energy projects, which are being established throughout Saudi Arabia, represent essential elements in the plans to reach the optimal energy mix for the production of electricity, which aims to make the share of both gas and renewable energy sources in this mix about 50 per cent. 100 percent by the year 2030, and for gas and renewable energy to replace approximately one million barrels of oil equivalent of liquid fuels per day, which are used as fuel in the production of electricity and water desalination and in other sectors, in order to reach the optimal mix, the most efficient, the least expensive, and the most contribution to environmental protection and preservation. On it, ”explaining that“ these projects embody the Kingdom’s efforts to localize the renewable energy sector, enhance the local content in it, and enable the production of solar and wind energy components locally, so that during the next ten years, Saudi Arabia will become a global center for traditional and renewable energy and its technologies. ”

The Crown Prince indicated that “the initiatives (Green Saudi Arabia) and (Green Middle East), in addition to the projects that we are witnessing today, represent essential parts of our pioneering role towards common international issues, and a continuation of the efforts made by the Kingdom during its presidency of the G20, which resulted in The group has adopted the concept of a circular carbon economy, which contributes to the acceleration of the restoration of the balance of greenhouse gas emissions. Thus, these projects enhance our record in the field of renewable energy, as well as add to the position we enjoy in the field of energy in general. ”


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                Saudi </span>
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                Renewable energy </span>
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                Vision 2030 </span>
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                Mohammed bin Salman, Crown Prince of Saudi Arabia </span>
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