{"id":802,"date":"2024-10-29T03:07:00","date_gmt":"2024-10-28T23:07:00","guid":{"rendered":"https:\/\/www.utilitybusinessmena.com\/?p=802"},"modified":"2024-10-29T03:07:00","modified_gmt":"2024-10-28T23:07:00","slug":"engie-signs-ppa-with-jadco-for-solar-pv-project-in-saudi-arabia","status":"publish","type":"post","link":"https:\/\/cheeltech.com\/utilitybusinessmena\/news\/engie-signs-ppa-with-jadco-for-solar-pv-project-in-saudi-arabia","title":{"rendered":"ENGIE signs PPA with JADCO for solar PV project in Saudi Arabia"},"content":{"rendered":"\n<p><a href=\"https:\/\/www.utilitybusinessmena.com\/desalination\/saudi-arabias-acwa-power-consortium-announced-preferred-bidder-for-ras-mohaisen-iwp\" data-type=\"post\" data-id=\"672\" rel=\"nofollow noopener\" target=\"_blank\">ENGIE <\/a>has signed an 8 MWp Power Purchase Agreement with <a href=\"https:\/\/www.utilitybusinessmena.com\/nuclear\/saudi-nuclear-power-ambitions\" data-type=\"post\" data-id=\"192\" rel=\"nofollow noopener\" target=\"_blank\">Al-Jouf Agricultural Development Co. (JADCO)<\/a> for an onsite <a href=\"https:\/\/www.utilitybusinessmena.com\/renewable-energy\/pv-levelised-cost-of-electricity\" data-type=\"post\" data-id=\"370\" rel=\"nofollow noopener\" target=\"_blank\">solar PV<\/a> project, a major step in Saudi Arabia\u2019s renewable energy landscape. <\/p>\n\n\n\n<p>The project, based at JADCO\u2019s Busaita industrial complex in northern Saudi Arabia, will power the company&#8217;s olive oil, pickles, and French fries production facilities.<a href=\"https:\/\/www.utilitybusinessmena.com\/power\/mitsubishi-power-completes-landmark-5300mw-power-plant-in-thailand\" data-type=\"post\" data-id=\"545\" rel=\"nofollow noopener\" target=\"_blank\">Mitsubishi Power completes landmark 5,300MW power plant in Thailand<\/a><\/p>\n\n\n\n<p>The solar installation will integrate with JADCO\u2019s existing energy sources, reducing diesel consumption and cutting annual carbon emissions by an estimated 13,000 tons. With approvals secured, construction is set to begin later this month.<\/p>\n\n\n\n<p>This venture aligns with <a href=\"https:\/\/www.utilitybusinessmena.com\/water\/swpc-to-launch-12b-in-new-ppp-water-projects-under-saudi-vision-2030\" data-type=\"post\" data-id=\"787\" rel=\"nofollow noopener\" target=\"_blank\">Saudi Vision 2030<\/a> and ENGIE\u2019s carbon-neutral goals, advancing the Kingdom&#8217;s transition to sustainable energy.<\/p>\n\n\n\n<p>JADCO is one of Saudi Arabia&#8217;s leading agricultural and industrial companies, with operations that include olive oil, honey, dairy, and potato production. The company, recognised by Guinness World Records for its 5-million-tree olive farm, produces around 15,000 tons of olive oil annually.<\/p>\n\n\n\n<p>ENGIE is a global leader in low-carbon energy and services, employing 97,000 people worldwide. The Group is committed to accelerating a carbon-neutral future through innovative energy solutions, with \u20ac82.6 billion in revenue in 2023. <\/p>\n\n\n\n<p>ENGIE is listed on the Paris and Brussels stock exchanges and featured in major financial indices.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>ENGIE will power the JADCO&#8217;s olive oil, pickles, and French fries production facilities at its Busaita industrial complex in northern Saudi Arabia<\/p>\n","protected":false},"author":2,"featured_media":4414,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[40,428,41,559,539],"tags":[132,92,891,42,126,808,48],"class_list":{"0":"post-802","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-news","8":"category-power","9":"category-renewable-energy","10":"category-solar","11":"category-sustainability","12":"tag-carbon-emissions","13":"tag-engie","14":"tag-jadco","15":"tag-renewable-energy","16":"tag-saudi-arabia","17":"tag-saudi-vision-2030","18":"tag-solar-energy"},"_links":{"self":[{"href":"https:\/\/cheeltech.com\/utilitybusinessmena\/wp-json\/wp\/v2\/posts\/802","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/cheeltech.com\/utilitybusinessmena\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/cheeltech.com\/utilitybusinessmena\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/cheeltech.com\/utilitybusinessmena\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/cheeltech.com\/utilitybusinessmena\/wp-json\/wp\/v2\/comments?post=802"}],"version-history":[{"count":0,"href":"https:\/\/cheeltech.com\/utilitybusinessmena\/wp-json\/wp\/v2\/posts\/802\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/cheeltech.com\/utilitybusinessmena\/wp-json\/wp\/v2\/media\/4414"}],"wp:attachment":[{"href":"https:\/\/cheeltech.com\/utilitybusinessmena\/wp-json\/wp\/v2\/media?parent=802"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/cheeltech.com\/utilitybusinessmena\/wp-json\/wp\/v2\/categories?post=802"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/cheeltech.com\/utilitybusinessmena\/wp-json\/wp\/v2\/tags?post=802"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}