Saudi Electricity, Showa Shell to Build 15-Megawatt Solar Plant
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Saudi Electricity Co., Saudi Aramco and Showa Shell Sekiyu K.K. will develop a solar plant with capacity of as much as 15 megawatts on the kingdom’s Farasan Island, 30 times more than a project announced yesterday.
Saudi Electricity will get the power from the photovoltaic plant and will assume ownership from Showa Shell after 15 years, Ali al-Barrak, the chief executive officer of the Saudi utility company, said in an interview in Dammam, Saudi Arabia.