Recently, China Energy Engineering International Group, Guangdong Thermal Power, and Northwest Institute formed a joint venture and signed EPC contracts for three new energy projects in Saudi Arabia: PIF Phase 5 Shakira 1GW wind power, Stella 2GW wind power, and PIF Phase 6 Fries 2GW photovoltaic, with project companies established by Saudi International Power and Water Company, Saudi Public Investment Fund, and Saudi Aramco Power Company. The total contract amount is approximately 2.745 billion US dollars, equivalent to approximately 19.554 billion Chinese yuan.

This signing marks China Energy Construction's first entry into the China East Wind power market, and is also another important breakthrough for China Energy Construction in the Saudi Arabian new energy market, following the Saudi Arabia PIF Phase II Alshubach 2.6GW photovoltaic and PIF Phase IV Harden 2GW photovoltaic projects. As of now, the total amount of projects signed by China Energy Construction in Saudi Arabia has exceeded 80 billion yuan.

The Shakira 1GW wind power project and the Stella 2GW wind power project are located in central and southern Saudi Arabia, respectively. The construction includes full chain services such as design, procurement, construction, and commissioning, with construction periods of 26 months and 30 months, respectively. After completion, the project will become the world's largest onshore wind power project group.

The Fulis 2GW photovoltaic project is located in Mecca Province, western Saudi Arabia, with a construction period of 26 months. After all three projects are completed, it is expected that the total power generation in 25 years will be approximately 569.286 billion kilowatt hours, which is equivalent to reducing carbon dioxide emissions by nearly 560 million tons.

The signing and implementation of these projects will further enhance the influence of Chinese enterprises in the global new energy construction field, provide important support for Saudi Arabia's energy transformation, and demonstrate China's international competitiveness in green energy technology and services. Editor/Yang Beihua