The Saudi Crown Prince inaugurates a revolutionary project … and declares: We assume our responsibilities

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Today, Thursday, the Saudi Crown Prince, Prince Mohammed bin Salman, announced the launch of a revolutionary project, indicating that the Kingdom bears its responsibilities, he said.

Prince Mohammed bin Salman announced the inauguration of the Sakaka solar power plant in the Kingdom.

The opening of the Saudi crown prince coincided, according to what was reported by the Saudi Press Agency (SPA), with the signing of energy purchase agreements for 7 new projects, to develop the Kingdom in accordance with Vision 2030, and to promote renewable energy initiatives.

During the opening ceremony, Prince Mohammed bin Salman said: “During the past weeks, the Saudi Green Initiative and the Green Middle East Initiative were announced, which showed 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 Energy market stability, we will continue this role to achieve leadership in the field of renewable energy ».

The Saudi Crown Prince 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.

Prince Mohammed bin Salman continued: “Today we are witnessing the signing of agreements for seven new projects for the production of electricity from solar energy, in different regions of the Kingdom, and the production capacity of these projects, in addition to the Sakaka and Dumat al-Jandal projects, will reach more than 3600 megawatts, and they will provide energy. It will reduce more than 7 million tons of greenhouse gas emissions, and some of these projects have achieved new records represented in registering the lowest cost of purchasing electricity produced from solar energy in the world. The cost of purchasing electricity from the Shuaiba project was 1.04 US cents per kilowatt hour, and these projects will be followed by other renewable energy projects around the world, which we will announce in due course. ”

Prince Mohammed bin Salman said, “These projects represent essential elements in plans to reach the optimal energy mix for producing electricity, which aim to make the share of both gas and renewable energy sources in this mix about 50% by 2030.”

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