SR4.5bn Saudi solar revolution

Updated 01 January 2015
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SR4.5bn Saudi solar revolution

The Saudi Electricity Company (SEC) signed a SR4.5 billion contract with General Electric on Tuesday to establish the Kingdom’s first fossil fuel and solar power plant near the Red Sea port of Dhuba in the Tabuk region.
The 600-megawatt (MW) integrated solar combined cycle (ISCC) plant will primarily burn natural gas, but will generate 50MW with the support of solar energy to increase fuel efficiency.
Water and Electricity Minister Abdullah Al-Hussayen said the mega Dhuba plant would enable Saudi Arabia to export electricity to Egypt, Turkey and Europe. It will be commissioned in 2017.
In addition to the establishment of an integrated green power plant, the contract includes construction of supply lines to Tabuk. “It is the largest environment-friendly project in the Kingdom,” the minister said.
ISCC plants reduce emissions of climate-warming carbon dioxide by increasing the amount of steam available for driving power generation turbines, without having to burn more gas or oil.
“This project will make power crises in the Kingdom a thing of the past,” said Tabuk Gov. Prince Fahd bin Sultan. He said the electricity sector would grow stronger in the coming years.
The SEC’s chief executive Ziyad Al-Shiha said the plant would have three power generating units — two powered by gas and the third by steam — to produce 550MW in addition to solar energy-powered units to produce 50MW. “This makes it one of the largest power plants in the world.”
He said 25 Saudi engineers and 80 technicians would be trained to run the project, adding that 30 to 35 percent of products used for building the plant would be manufactured in the Kingdom. He estimated the cost of construction work at the plant at SR2.5 billion.
He said a new power transport project would be launched in Tabuk to make the region the largest hub for high-voltage direct current. “It will make use of the power grids linking northwest and northeast of the Kingdom and strengthen the network between Tabuk and Madinah,” he added.
He estimated the value of new electricity projects in Tabuk at SR 10 billion.


13,230 families benefit from ‘Sakani’ program in Saudi Arabia

More than 157,000 families benefited from the program during 2018. (SPA)
Updated 17 June 2019
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13,230 families benefit from ‘Sakani’ program in Saudi Arabia

  • More than 157,000 families benefited from the program during 2018

RIYADH: The Ministry of Housing’s “Sakani” program has helped 13,230 families registered on its Real Estate Development Fund list with housing options and finance solutions during May.
This includes 5,835 families who live in their own homes, bringing the total number of families benefiting from the program in different regions of the Kingdom since the start of the year to 68,195.
The Sakani program announced the names of beneficiaries and their national ID numbers through the link https://sakani-names.housing.sa or via the program portal.
More than 157,000 families benefited from the program during 2018.
Ministry of Housing spokesman Saif Al-Suwailem said that Sakani continues to provide its services to beneficiaries according to their needs and abilities. The ministry is keen to provide better services in line with the “Eskan” program, one of the Saudi Vision 2030 initiatives that aims to raise the proportion of residential ownership to 70 percent by 2030.
As part of Sakani’s efforts to provide suitable housing options, the program began to implement 53 new housing projects in different regions of the Kingdom, characterized by affordable prices for a large segment of citizens registered on the lists of the Ministry of Housing.
Al-Suwailem said that the ministry was keen to find solutions for Saudi families that help them to own the right home for them. SPA Riyadh