Saudi SABIC to build world’s first renewable power chemical plant – ZAWYA

Saudi SABIC to build world’s first renewable power chemical plant – ZAWYA

Saudi SABIC to build world's first renewable power chemical plant The polycarbonate facility in Cartegena is expected to be fully operational by 2024, powered by a 100MW PV solar plant    Image used for illustrative purpose. In this aerial view wind turbines stand at the recently-inaugurated Arkona offshore wind park in the Baltic Sea on June 5, 2019 off the coast of Sassnitz, Germany. LONDON: SABIC plans to build a chemical plant in Spain fully powered by renewable energy in what is the first project of its kind anywhere in the world.The polycarbonate facility in Cartegena is expected to be fully operational by 2024, powered by a 100MW PV solar plant.The deal will see Iberdrola, one of the world's biggest electricity utility companies, invest almost €70 million to install 263,000 panels, on land owned by SABIC, making it the largest industrial renewable power plant in Europe.The polycarbonate facility in Cartegena is expected to be fully operational by 2024, powered by a 100MW PV solar plant.LONDON: SABIC plans to build a chemical plant in Spain fully powered by renewable energy in what is the first project of its kind anywhere in the world.The deal will see Iberdrola, one of the world's