Neom to Adopt Unique ‘Solar Dome’ Desalination Plant

Neom to Adopt Unique ‘Solar Dome’ Desalination Plant
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Neom to Adopt Unique ‘Solar Dome’ Desalination Plant

Neom to Adopt Unique ‘Solar Dome’ Desalination Plant

The Neom smart-city project will use cutting-edge solar technology to power a desalination plant that produces clean, low-cost, environmentally friendly freshwater. The decision aims to enhance the megacity’s position as a new global tourism destination, a center of innovation and environmental conservation, and as an accelerator of human progress.

Neom signed an agreement with UK business Solar Water Limited to build a desalination plant in the northwest of the Kingdom that uses the newly developed “solar dome” technology. It is hoped that thef first-of-its-kind, completely sustainable and carbon-neutral facility will shape the future of desalination in Neom, the Kingdom and throughout the world.

Work on the solar dome project will begin in February and is expected to be completed by the end of the year. The technology it employs will significantly reduce the environmental impact of the desalination process by producing less saline solution, a byproduct that can harm natural ecosystems.

The pioneering and innovative approach from Solar Water Limited, which was developed at Cranfield University in the UK, represents the first widespread use of concentrated solar power technology in desalination, Neom said.

Seawater is pumped into a hydrological solar dome made of glass and steel, where it is heated and evaporated to remove the salt. The process can continue at night thanks to the storage of solar energy generated throughout the day. The technology helps to prevent any damage to marine life as it does not dump saline solution created by the process back into the sea.

“Neom’s adoption of the experimental version of this program supports the sustainability goals set by the Ministry in the Kingdom, as shown in the National Water Strategy 2030, and is fully in line with the sustainable-development goals set by the United Nations,” said Minister of Environment, Water and Agriculture Abdulrahman Al-Fadhli.

Neom CEO Nadhmi Al-Nasr said that the megacity project has easy access to abundant amounts of seawater and completely renewable energy resources, which puts it in the ideal position to produce low-cost and sustainable fresh water using solar-powered desalination.

He added that the adoption of this type of technology reflects Neom’s commitment to supporting innovation, protecting the environment and preserving its purity to provide a comfortable and exceptional life. It also raises the possibility of using the technology in other parts of Saudi Arabia in cooperation with the Ministry of Environment, Water and Agriculture.

David Reavley, the CEO of Solar Water Ltd, said: “Currently, thousands of desalination plants around the world rely heavily on burning fossil fuels for water extraction, and we have the technology to desalinate water in a way that is completely sustainable and 100 percent carbon neutral."

“We are happy to partner with Neom, which has a strong vision of what the new future looks like in harmony and integration with nature.”



Riyadh to Host the 24 Fintech Conference in September

The conference will take place from September 3 to 5 at the Riyadh Front Exhibition & Conference Center
The conference will take place from September 3 to 5 at the Riyadh Front Exhibition & Conference Center
TT

Riyadh to Host the 24 Fintech Conference in September

The conference will take place from September 3 to 5 at the Riyadh Front Exhibition & Conference Center
The conference will take place from September 3 to 5 at the Riyadh Front Exhibition & Conference Center

Riyadh will host next month the 24 Fintech Conference, the first edition of the international conference specialized in the financial technology sector.

The conference will take place from September 3 to 5 at the Riyadh Front Exhibition & Conference Center, hosted by the Financial Sector Development Program, the Saudi Central Bank (SAMA), the Capital Market Authority, and the Insurance Authority.

The conference is organized by Fintech Saudi and Tahaluf, a joint project between the Saudi Federation for Cybersecurity, Programming and Drones, Informa PLC, and the Events Investment Fund.

The 24 Fintech Conference is set to focus on supporting the thriving financial technology community and review a number of specialized topics to develop the global banking and financial services sector, which includes AI, machine learning in financial operations, integrated finance, the development of open banking services, and green finance, to inspire regulators, policymakers, investors, technology experts, entrepreneurs and academics to advance cooperation in the financial technology sector.

The 24 Fintech Conference aims to make a mark in the financial technology sector. It designates a space to support startups and investors under the "FinTech Innovation Center," which includes the best 80 modern and innovative startups and more than 200 investors.

The conference integrates with Saudi Arabia's orientations to enhance the prosperity of the entrepreneurship system and support startups and its efforts to become one of the booming financial technology centers in the Middle East and North Africa region, in line with the goals of Saudi Vision 2030 in developing the sector.