Under the auspices of His Highness Prince Saud ibn Abdullah Ibn Thonayyan Al-Saudi, President of the Royal Commission of Jubail and Yanbu’, and Dr. Hashim Abdullah Yamani, President of King Abdullah City for Atomic and Renewable Energy (KACARE), the Commission and KACARE signed a Joint Cooperation Agreement to jointly conduct a feasibility study on the establishment and operation of a 50-Megawatt solar energy station to be constructed at Yanbu’ Industrial City.
The Agreement was signed today, Sunday morning at the Commission’s Headquarters in Riyadh by both Dr. Waleed Hussein Abolfaraj, Vice-President for KACARE and Dr. Ala’ Abdullah Nassif, the Commission’s Chief Executive Officer. The event came upon the completion of both parties of the study involving the current and future status of Yanbu’ Industrial City as well as the City’s sustainable energy requirements. Both parties have shown a keen interest to consolidate and strengthen their relations focused on the completion of their joints efforts geared towards the versification of the sustainable energy resources within the Kingdom, making full use and utilization of renewable energy-related sciences, research and industries which no doubt will altogether contribute to a sustainable development and localization of technologies involved in the Kingdom.
The Royal Commission for Yanbu’ Industrial City shall assume the responsibility of coordination with the principal partners in Yanbu’ Industrial City inasmuch as the Agreement matters are concerned. The Commission shall also assume the task of laying down the future plan concerning the renewable energy in the City. Besides, It shall provide the land required for the construction of the renewable energy station. In the meantime, KACARE shall on its part draw up the Draft Project Scope of Work. In addition, it will draw up the codes and regulations having to do with the connection of the intended renewable energy stations with the Grid. Furthermore, KACARE will also provide to the Commission those necessary recommendations regarding the technologies to be used for the utilization of solar energy.