Red sea asmara energy storage

How will the Red Sea project be powered?

The development will be powered solely by wind and solar energy, all throughout the day. The battery storage facility is one part of a significant public-private partnership agreement that TRSDC recently awarded to an ACWA Power consortium to design, build, operate and transfer The Red Sea Project’s utilities infrastructure.

Who owns the Red Sea project?

The project’s developer is ACWA Power, which is behind many of the Middle East region’s larger renewable energy projects. The Red Sea Project forms part of the Kingdom of Saudi Arabia’s national Saudi Vision 2030 strategy of leveraging the country’s strengths and historical significance to boost quality of life and grow and diversify the economy.

What is the Saudi Arabia Red Sea project?

(June 2024) Embark on a journey with us as we unveil the Saudi Arabia Red Sea Project, where the airport and multiple hotels have started operations, preparing to welcome 1 million visitors annually. What sets it apart? It's poised to be the world's first fully clean energy-powered destination!

Who owns Red Sea global?

Red Sea Global (RSG - ) is a closed joint-stock company wholly owned by the Public Investment Fund (PIF) of Saudi Arabia. It is a vertically integrated real estate developer with a diverse portfolio across tourism, residential, experiences, infrastructure, transport, healthcare, and services.

Will Huawei provide a 1300 MWh Bess to the Red Sea project?

The company will provide a 1,300MWh BESS to the Red Sea Project, a huge resort under construction on the Saudi Arabian coast, Huawei said during its corporate Global Digital Power Summit 2021 held last week in Dubai, United Arab Emirates.

How will Saudi Arabia's new hotel complex work?

The development on the west coast of Saudi Arabia, which spans 28,000km2 and will include 50 hotels when complete, will be powered solely by wind and solar energy. The complex will rely on the world’s largest battery storage facility at 1000MWh.