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Saudi Electricity Company (SEC) launched Saudi Arabia’s first solar-powered electricity-generating power station.
The station, located on Farasan Island, in the Kingdom's Southern region, is expected to have an annual production of 864,000 KW hours, officials said.
The power source is financed by Showa Shell Sekiyu, a Japanese company that seeks to generate clean energy on the island, said Abdul Salam Al-Yamani, Vice Chairman of Public Affairs at Saudi Electricty Company, reported Arab News.
The firm has installed equipment at the plant. Under the agreement, Showa Shell will own the project for up to 15 years, after which the assets will be transferred to SEC. The power plant will be linked to the main relay network in the area, Al-Yamani added.
The establishment of the solar power plant comes in line with SEC's efforts to introduce clean energy and save the transfer of equivalent of 28,000 barrels of diesel to the Farasan Island, southwest Saudi Arabia.