Saudi Arabia’s first solar energy plant has been opened on Farasan Island with a capacity of 500 kW, according to state officials.
Saudi Electricity Company (SEC) established the plant in collaboration with the Japanese firm Showa Shell.
Establishing this solar power plant is in line with SEC’s efforts to introduce clean energy and save the transfer of the equivalent of 28,000 barrels of diesel to Farasan Island in southwest Saudi Arabia.
Under the terms of the agreement, Showa Shell will own the project for up to 15 years, after which the assets will be transferred to SEC. Royal Dutch Shell owns one third of Showa Shell, while Saudi Aramco holds about 15 per cent.
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