Al Henakiyah Solar Power Project is a 1,100MW solar PV power project. It is planned in Al Madinah, Saudi Arabia. According to GlobalData, who tracks and profiles over 170,000 power plants worldwide, the project is currently at the permitting stage. It will be developed in a single phase. The project construction is likely to commence in 2024 and is expected to enter into commercial operation in 2025. Buy the profile here.
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Description
The project is being developed and currently owned by Abu Dhabi Future Energy, EDF Renewables and Nesma Renewable Energy. The owners have 33.33% stake in the project respectively.
Al Henakiyah Solar Power Project is a ground-mounted solar project.
The project is expected to supply enough clean energy to power 190,000 households.
Development status
The project construction is expected to commence from 2024. Subsequent to that it will enter into commercial operation by 2025.
Power purchase agreement
The power generated from the project will be sold to Saudi Power Procurement under a power purchase agreement for a period of 25 years.
For more details on Al Henakiyah Solar Power Project, buy the profile here.
About Abu Dhabi Future Energy
Abu Dhabi Future Energy Co (Masdar), a subsidiary of Abu Dhabi National Energy Co, is a renewable energy company. The company mainly focuses on solar and wind power projects such photovoltaic power, concentrated solar and offshore and onshore wind farms. Masdar invests in and contributes to innovative projects such as utility-scale power plants, community grid projects, and individual solar home systems. The company also focuses on advancing cleantech innovation and offers energy services consultancy. It is also involved in sustainable urban development, building, and deploying advanced technologies such as reverse osmosis seawater desalination plants. The company develops projects in the Middle East and North Africa (MENA) and other regions. Masdar is headquartered in Masdar, Abu Dhabi, the UAE.
About EDF Renewables
EDF Renewables Inc (EDF Renewables), a subsidiary of EDF Renewables SA is an independent power producer and service provider. The company delivers distribution-scale and grid-scale power: onshore and offshore wind, solar photovoltaic and storage projects. Its major services include project management, asset management and operation, retrofits and upgrades, and maintenance of electricity generation projects. The company has operations across the US, Canada and Mexico. The company provides origination, development, transaction and construction services for offshore and onshore large-scale wind, solar photovoltaic and storage projects. EDF Renewables is headquartered in San Diego, California, the US.
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This information is drawn from GlobalData’s Power Intelligence Center, which provides detailed profiles of over 170,000 active, planned and under construction power plants worldwide from announcement through to operation across all technologies and countries worldwide.
