Wadi Al Dawaser Solar PV Park is a 120MW solar PV power project. It is planned in Al Riyadh, Saudi Arabia. According to GlobalData, who tracks and profiles over 170,000 power plants worldwide, the project is currently at the under construction stage. It will be developed in a single phase. The project construction is likely to commence in 2023 and is expected to enter into commercial operation in March 2025. Buy the profile here.
Smarter leaders trust GlobalData
Description
The project is being developed by Noor Alwadi Renewable Energy. TotalEnergies, Toyota Tsusho and Altaaqa Renewables are currently owning the project having ownership stake of 40%, 40% and 20% respectively.
Wadi Al Dawaser Solar PV Park is a ground-mounted solar project.
The project is expected to generate 373,000MWh electricity and supply enough clean energy to power 17,000 households. The project is expected to offset 8,000,000t of carbon dioxide emissions (CO2) a year.
Development status
The project construction is expected to commence from 2023. Subsequent to that it will enter into commercial operation by March 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.
See Also:
Contractors involved
SEPCO Electric Power Construction is expected to render engineering procurement construction services for the solar PV power project.
For more details on Wadi Al Dawaser Solar PV Park, buy the profile here.
About Noor Alwadi Renewable Energy
Noor Alwadi Renewable Energy Co, a joint venture of Toyota Tsusho Corp and TotalEnergies Renewables and Altaaqa Renewable Energy, is an independent power producer that specialises in developing, constructing and operating renewable sources such as wind farms, energy storage solutions, and hybrid projects. The company is headquartered in Dubai, the UAE.
Premium Insights
From
The gold standard of business intelligence.
Blending expert knowledge with cutting-edge technology, GlobalData’s unrivalled proprietary data will enable you to decode what’s happening in your market. You can make better informed decisions and gain a future-proof advantage over your competitors.
GlobalData, the leading provider of industry intelligence, provided the underlying research used to produce this article.
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.
