At launch, both of the nonprofit’s new solar water farm projects will produce a maximum of 75,000 liters of water a day by coupling a 50-kW solar system with 120 kW-hrs of Tesla batteries; together this solar plus battery system will power two low-wattage, reverse osmosis desalination pumps that run simultaneously to ensure continuous operation.
Saudi Arabia’s Minister of Environment, Water, and Agriculture, and the chairman of the General Authority for Salt Water Desalination, Eng Abdul Rahman bin Abdul Mohsen Al-Fadhli, has inked the kingdom’s first commercial ‘bridge’ financing agreement with local banks worth $426.5m (SAR1.6bn) to improve the utilisation of assets and increase the efficiency of Phase 1 of the Jubail desalination plant and Stage 2 of the Al Khobar project.
The agreement, which was made in coordination with the National Center for Debt Management, will see the two projects replace current thermal technologies with modern reverse osmosis technologies at a capital cost of approximately $959.5m (SAR3.6bn).
British startup Solar Water believes it has a solution. By employing a dome that harnesses solar power to perform desalination, it thinks it has an energy-efficient method of providing drinking water to Saudi Arabia. The NEOM gigaproject will be the first location in the world where this technology is being tried.
Some of the projects that were meant to spur economic growth in the county included the establishment of a Sh6.5 billion waste recycling plant, construction of desalination plants at a cost of Sh16 billion, development of a Sh200 billion housing project and the introduction of a Bus Rapid Transit (BRT) system. The four are part of the county’s urban re-development plan.
Saudi Arabia’s Saline Water Conversion Corp (SWCC), which operates desalination plants and power stations in the kingdom, has signed a 1.6 billion riyals ($430 million) bridge financing agreement with local banks.
The financing aims to improve the utilization of assets and increase the efficiency of desalination plants Jubail 1 and Khobar 2, double their daily production, and achieve savings on energy and operational costs of up to 1.25 billion riyals ($ 330 billion) annually, SWCC said.
The financing was provided by Banque Saudi Fransi and Saudi British Bank (SABB) and with the support of the financial consultant of the company HSBC Saudi Arabia, the corporation said in Arabic through its official twitter account.
Neom signed an agreement with UK business Solar Water Limited to build a desalination plant in the northwest of the Kingdom that uses the newly developed “solar dome” technology. It is hoped that thef first-of-its-kind, completely sustainable and carbon-neutral facility will shape the future of desalination in Neom, the Kingdom and throughout the world.
Understanding why desalination is so critical to California’s water future is a lot like building a personal budget. With a changing climate, growing population and booming economy, we need to include desalination in the water supply equation to help make up an imported water deficit.
Neom will have the world’s first “solar dome” desalination plants, which it said will produce no carbon emissions and create less brine than facilities using conventional reverse osmosis technology, according to a statement.