May 31, 2021
Minister of Industry and Mineral Resources Bandar Bin Ibrahim Al-Khorayef
RIYADH The Minister of Industry and Mineral Resources Bandar Bin Ibrahim Al-Khorayef has issued a decision to establish a Sustainability Council for the industry and mineral resources system aimed at achieving environmental sustainability in the industrial and mining sector.
The new council will be headed by Deputy Minister of Industry and Mineral Resources for Mining Affairs Khalid Bin Saleh Al-Mudaifer, and the membership of advisor Ahmed Bin Muhammad Ajab Nour as secretary-general of the Council, and representatives from 7 parties.
Al-Mudaifer emphasized that the newly formed Council aims to unify the efforts of the industry and mineral resources to achieve sustainability goals, enhance the competitiveness and diversity of national industries, as well as improve sustainability indicators for industry and mining communities.
PPAs signed for seven solar power projects in Saudi Arabia theasset.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from theasset.com Daily Mail and Mail on Sunday newspapers.
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Marubeni Signs a Power Purchase Agreement, Project Finance Agreement and Commences EPC Work for the Rabigh Solar PV IPP Project in the Kingdom of Saudi Arabia
Apr. 09. 2021
Marubeni Corporation
Marubeni Corporation (hereinafter, “Marubeni”) signed a Power Purchase Agreement with the Saudi Power Procurement Company (hereinafter, “SPPC”) through a Special Purpose Company (hereinafter, “SPC”) established with Al Jomaih Energy & Water Company Limited (hereinafter, “Al Jomaih”) in January 2021. In March 2021, a loan agreement for limited-recourse project financing for the Rabigh Solar PV IPP Project was signed, and EPC (Engineering, Procurement and Construction) work on the project proceeded the following month.
The SPC will develop, construct, operate, and maintain the 300MW capacity solar PV plant, which will be located in the Rabigh Industrial City of Makkah Province, on land leased by The Saudi Authority for Industrial Cities and Technology Zones, commonly
Al-Khorayef: We seek to maximize the benefit of our natural resources saudigazette.com.sa - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from saudigazette.com.sa Daily Mail and Mail on Sunday newspapers.
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