Trade Arabia, Sunday, Jul 07, 2024 | Muharram 1, 1445
Jinko Solar wins L&T supply contract for NEOM project
Saudi Arabia:
Jinko Solar, a leading solar and energy
storage company based in China, has announced that it has secured a contract
from Indian engineering and construction giant Larsen & Toubro (L&T) for supply
of solar modules for one of its premium projects at the Saudi futuristic city
NEOM.
A ground breaking initiative, the NEOM Green Hydrogen Project, is currently
under construction at Oxagon site of the Saudi futuristic city.
This mega-plant - co-owned by NEOM along with Saudi utility giant Acwa Power and
US-based Air Products, a world leader in industrial gases - integrates wind and
solar power.
By the end of 2026, it aims to produce a remarkable 600 tonnes of carbon-free
hydrogen daily, converted into green ammonia – a clean- burning fuel for
transportation and industries.
The setting up of the world’s largest green hydrogen project in the Saudi
futuristic city represents a significant leap towards a sustainable future for
the region, said a statement from Jinko Solar.
The project directly aligns with Saudi Arabia’s ambitious Vision 2030 to lead
the global shift towards clean energy. Kingdom of Saudi Arabia exemplifies its
commitment in clean energy through pioneering projects like this.
L&T was awarded the engineering, procurement, and construction contract for the
construction of a 2.2 GWac PV solar plant, a 1.65 GW Wind Generation Balance
Plant, and a 400 MWh Battery Energy Storage System under the Power Elements
package.
As per the deal, the Indian construction conglomerate will also set up three
units of 380 kV Switching Stations and 306km of 380 kV overhead lines required
for the kingdom’s grid network.