Tabuk Agricultural to explore solar energy project
Tabouk Agricultural Development Company announced the signing of a non-binding Memorandum of Understanding with Vibrant Solar Solutions Saudi Arabia to collaborate on studying and developing a solar energy project in the Tabouk region. The project aims to establish a photovoltaic solar power plant with an estimated annual production capacity of approximately 195,000 megawatt-hours, intending to reduce operational costs by relying on clean energy sources and achieve environmental and economic sustainability. The company holds licenses to build two stations, each with a capacity of 25.5 megawatts, for internal use. The project's financial results are expected to be disclosed after completing the final studies, and currently, the signing of the memorandum has no immediate impact on the company's finances.
Notice: This Is an AI-Generated Summary
Comments (0)