ACWA consortium wins Red Sea Project utilities contract

Energy at the Red Sea Project will be generated via solar panels and wind turbines to meet an initial demand of 210MW with the ability to expand in line with the development.
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Updated 18 November 2020

ACWA consortium wins Red Sea Project utilities contract

The Red Sea Development Company (TRSDC), the developer behind the world’s most ambitious regenerative tourism project, has awarded its highest-value contract to date to a consortium led by ACWA Power to design, build, operate and transfer the Red Sea Project’s utilities infrastructure.

The contract marks a significant step forward for the project, establishing it as the region’s first tourism destination powered solely by renewable energy. A tourism project of this size, powered solely by renewable energy, has never been achieved on this scale anywhere in the world.

“This is a pivotal moment for us as we seek to build a new kind of tourism destination in Saudi Arabia, aligned with Vision 2030. We’re committed to pushing the boundaries of what it means to be sustainable and investing heavily in renewables is helping us to set new global standards in regenerative tourism,” said John Pagano, CEO of TRSDC.

“This contract also signifies a noteworthy step change for us as the consortium brings foreign investment to the project, demonstrating international support and confidence for the vision that is becoming a reality along the Red Sea coast. At the same time, we are delighted to partner with a consortium leader that has its roots in the Kingdom and shares our ambition to accelerate the energy transition locally,” said Pagano.

All of the utilities will be delivered under a single agreement, unique for a contract of this kind, which includes the provision of renewable power, potable water, wastewater treatment, solid waste management and district cooling for the 16 hotels, international airport and infrastructure that make up Phase 1 of the Red Sea Project.

Mohammad Abunayyan, chairman of ACWA Power, said: “The Red Sea Project is a vital undertaking under the Saudi Vision 2030 and aims to be a global showcase of the Kingdom’s ability to develop ambitious giga-projects. Being selected to support this project marks another milestone in our impressive bid win trajectory, and we are honored and proud to support TRSDC’s ambition to deliver a tourist destination that limits the environmental impact through the provision of zero-carbon emitting and zero-waste generating utility services.”

Energy will be generated via solar panels and wind turbines to meet an initial demand of 210MW with the ability to expand in line with the development.

The agreement expects to generate up to 650,000 MWh of 100 percent renewable energy to supply the destination and other utility systems, whilst emitting zero CO2. The resulting saving in CO2 emissions to the atmosphere is equivalent to nearly half-a-million tons each year.

The ACWA Power consortium is financed by Saudi and international banks, including the UK’s Standard Chartered Bank and China’s Silk Road Fund, and marks a new stage for the development, in terms of securing external investment.


STC powers G20 Summit media center with 5G network

Updated 24 November 2020

STC powers G20 Summit media center with 5G network

As part of its partnership with the G20 Saudi Secretariat, STC Group, the digital enabler of the Kingdom’s agenda for the G20 Leaders’ Summit 2020, provided its 5G services to the media center responsible for covering the summit activities. In addition, the Saudi telecom operator supported all sites dedicated for hosting the summit’s virtual meetings, with technologies that enabled digital services throughout all the G20 Summit meetings held under the presidency of the Kingdom.

At the International Media Center, STC set up the “This is Saudi Arabia” platform. Among its aims was the rediscovery of Saudi Arabia through a new perspective, highlighting tourist sites and national heritage in a technologically innovative manner and providing media professionals covering the summit with information on the Kingdom’s touristic offerings.

Majid Al-Qasabi, minister of commerce and investment and acting minister of media, visited STC’s pavilion at the International Media Center, where he was briefed on the telecom giant’s role in supporting the facility and providing technical services to participating media professionals.

Dr. Fahd Al-Tunsi, secretary-general of the G20 Saudi Secretariat, said that he valued the significant role and efforts exerted by the Ministry of Communications and Information Technology and its partner — the STC Group — during the Kingdom’s G20 presidency year, adding that such efforts have led to positive results for all stakeholders.  

The company provided more than 11 high-speed sites, covering all areas with wireless networks to serve the digital requirements of the virtual meetings and conferences. In addition, STC provided its logistic and technical services required to ensure the success of this event.   

STC Group CEO Nasser Sulaiman Al-Nasser said: “As a digital enabler, we take pride in our cooperation with the G20 Saudi presidency at this important time for the Kingdom, and we look forward to providing all services to enable realizing the objectives of this cooperation during the Saudi G20 presidency year.”

He added that the success of the virtual summit in the Kingdom is “an incentive for us in the telecommunications and information technology sector to move forward in the digital transformation journey of the Kingdom.”

“We are proud of the achievements of our country, and we are keen to implement our strategy in supporting investment infrastructure, as well as offering all smart solutions and all capabilities to keep pace with the national requirements and new global developments,” Al-Nasser added.