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ACWA Power Signs MOU with Neutral Fuels for Red Sea Project | Off Grid Energy Independence

The ACWA Power-led consortium was awarded The Red Sea Development Company s highest value contract to design, build, operate and transfer The Red Sea Project s sustainable utilities infrastructure in November 2020. Once complete, the destination will become the first project of its scale in the world to be entirely powered by a range of renewable and sustainable energy sources, including biofuel.

Saudi Arabia Diesel Genset Markets, 2017-2020 & 2021-2027

Acwa Power awards Red Sea biofuel supply contract

Acwa Power awards Red Sea biofuel supply contract RIYADH, 1 hours, 27 minutes ago Acwa Power, a leading Saudi developer, investor and operator of power generation and desalinated water plants, has signed a MoU with Neutral Fuels, the largest biofuel producer in the GCC, for future collaboration on the supply of its net zero biofuel for Saudi Arabia’s most ambitious regenerative tourism project on the Red Sea coast.   A consortium led by Acwa Power had been awarded The Red Sea Development Company’s (TRSDC) highest value contract to design, build, operate and transfer the project’s sustainable utilities infrastructure in November last year.

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