CURRENT AFFAIRS

Detailed explanation-1: -With a power purchase agreement (PPA) in place, the 1.5GW Sudair project is claimed to be the largest solar PV plant in Saudi Arabia and one of the largest in the world.

Detailed explanation-2: -The Sudair PV solar power plant is being developed on a 30.2km2 site within the Sudair industrial city, approximately 150km away from Saudi Arabia’s capital Riyadh. The project site lies approximately 25km south-east of Al Majmahh, in the Riyadh province of Saudi Arabia.

Detailed explanation-3: -The first project is located in Jeddah and is part of REPDO Round II. It has a capacity of 388MW, while the second is located in the industrial city of Sudair. This project has a total capacity of 1, 500MW, for which LONGi was awarded a contract for the first 904MW.

Detailed explanation-4: -Currently, China is leading the world in solar energy generation with an installed capacity of over 300 gigawatts.

Detailed explanation-5: -Saudi Arabia is getting a new solar power plant. The Saudi energy company ACWA Power and the kingdom’s Public Investment Fund will develop and build a 2, 060 megawatt solar photovoltaic plant in western Saudi Arabia. ACWA Power and the sovereign wealth fund each own a 50% stake in the project.