Red Sea Global is behind luxury ecotourism development The Red Sea. Photo: Red Sea Global
Red Sea Global is behind luxury ecotourism development The Red Sea. Photo: Red Sea Global
Red Sea Global is behind luxury ecotourism development The Red Sea. Photo: Red Sea Global
Red Sea Global is behind luxury ecotourism development The Red Sea. Photo: Red Sea Global

Red Sea Global signs 25-year agreement with Masdar and France's EDF


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Saudi Arabian developer Red Sea Global has signed a 25-year concession agreement with French utility EDF and the UAE-based clean energy company Masdar to power luxury development Amaala.

A 4,000-square-kilometre integrated wellness destination within the Red Sea Global development, Amaala will be powered entirely by solar energy, saving the equivalent of nearly half a million tonnes of carbon dioxide emissions every year, Red Sea Global said in a statement on Monday.

Amaala's utility infrastructure includes an off-grid renewable energy system powered by PV technology, a battery energy storage solution, and desalination and wastewater treatment plants that are powered by clean energy.

“Sustainability is a cornerstone of Amaala, and our new partnership with EDF and Masdar will drive us towards achieving a zero-carbon footprint once fully operational,” said John Pagano, group chief executive of Red Sea Global.

Amaala’s renewable supply system can generate up to 410,000 megawatt-hours a year, enough to power 10,000 households for 12 months, said the Riyadh-based multi-project developer that is also behind luxury ecotourism development The Red Sea.

The battery storage plant has a capacity of 700 megawatt-hours, while the desalination plant can process up to 37 million litres per day, it added.

The contract follows an independent public-private partnership model, covering the design, construction and operation of the utility systems.

The project will "help drive sustainable economic development" to Amaala, said Mohamed Al Ramahi, chief executive of Masdar.

“Saudi Arabia is a key strategic market for Masdar and as a leading renewable energy company and long-standing partner, we are committed to playing an important role in supporting the country’s Vision 2030 Strategy,” he said.

  • Interactive artwork, One Two Three Swing!, by Superflex, at Desert X AlUla 2020. Photo: Conor McCann and Paris Verra
    Interactive artwork, One Two Three Swing!, by Superflex, at Desert X AlUla 2020. Photo: Conor McCann and Paris Verra
  • Maraya reflects the spectacular landscape and unmatched heritage of AlUla. Photo: Fayez Nureldine/ AFP / Getty Images
    Maraya reflects the spectacular landscape and unmatched heritage of AlUla. Photo: Fayez Nureldine/ AFP / Getty Images
  • Appreciating the terrain of AlUla from a different perspective. Photo: Royal Commission for AlUla
    Appreciating the terrain of AlUla from a different perspective. Photo: Royal Commission for AlUla
  • The Tomb of Lihyan Son of Kuza, Hegra’s largest tomb, is approximately 21 metres tall. Photo: Leo Morgan / Alamy Stock Photo
    The Tomb of Lihyan Son of Kuza, Hegra’s largest tomb, is approximately 21 metres tall. Photo: Leo Morgan / Alamy Stock Photo
  • Illustrated map of AlUla. Photo: Amy Elena Nash / Assouline
    Illustrated map of AlUla. Photo: Amy Elena Nash / Assouline
  • Overlooking the pool, Tama at Habitas serves dishes prepared with local ingredients and spices. Photo: Habitas AlUla / Kleinjan Groenewald
    Overlooking the pool, Tama at Habitas serves dishes prepared with local ingredients and spices. Photo: Habitas AlUla / Kleinjan Groenewald
  • Habitas AlUla hosts performances by local percussionists, who share the art of traditional folklore drum circles. Photo: Habitas AlUla / Kleinjan Groenewald
    Habitas AlUla hosts performances by local percussionists, who share the art of traditional folklore drum circles. Photo: Habitas AlUla / Kleinjan Groenewald
  • A polo match at AlUla Habitas. Photo: Sam Churchill
    A polo match at AlUla Habitas. Photo: Sam Churchill
  • Canyon Villa at Habitas AlUla, nestled in the Ashar Valley. Photo: Kleinjan Groenewald / Habitas AlUla
    Canyon Villa at Habitas AlUla, nestled in the Ashar Valley. Photo: Kleinjan Groenewald / Habitas AlUla
  • The citrus grown in the AlUla Oasis includes Helou lemons, Jaffa oranges, Succari oranges, torounge, Boussora oranges and clementines. Photo: Royal Commission for AlUla
    The citrus grown in the AlUla Oasis includes Helou lemons, Jaffa oranges, Succari oranges, torounge, Boussora oranges and clementines. Photo: Royal Commission for AlUla
  • Colourful hot-air balloons dot AlUla’s skies during Winter at Tantora. Photo: Royal Commission for AlUla
    Colourful hot-air balloons dot AlUla’s skies during Winter at Tantora. Photo: Royal Commission for AlUla
  • Rashed AlShashai’s A Concise Passage, on display at Desert X AlUla 2020, allowed viewers to enter the artwork. Photo: Lance Gerber / Desert X AlUla
    Rashed AlShashai’s A Concise Passage, on display at Desert X AlUla 2020, allowed viewers to enter the artwork. Photo: Lance Gerber / Desert X AlUla
  • Delicious spread at AlNakheel Cafe in Old Town AlUla. Photo: Royal Commission for AlUla
    Delicious spread at AlNakheel Cafe in Old Town AlUla. Photo: Royal Commission for AlUla
  • The archaeological site of Hegra has existed nearly undisturbed for 2,000 years. Photo: Tuul and Bruno Morandi / Alamy Stock Photo
    The archaeological site of Hegra has existed nearly undisturbed for 2,000 years. Photo: Tuul and Bruno Morandi / Alamy Stock Photo
  • The orange trees benefit from the shade of the palm trees, allowing them to flourish. Photo: Royal Commission for AlUla
    The orange trees benefit from the shade of the palm trees, allowing them to flourish. Photo: Royal Commission for AlUla
  • A visit to the AlUla Old Town Market is to step back in time a thousand years, to the days of merchants and the historic trade routes. Photo: Royal Commission for AlUla
    A visit to the AlUla Old Town Market is to step back in time a thousand years, to the days of merchants and the historic trade routes. Photo: Royal Commission for AlUla
  • Quaint haven among rows of palms. Photo: Royal Commission for AlUla
    Quaint haven among rows of palms. Photo: Royal Commission for AlUla

Last year, Masdar opened a new office in Riyadh to manage projects that are part of the kingdom’s plan to boost renewable energy capacity by 2030.

Masdar aims to expand its capacity to at least 100 gigawatts of renewable energy by the end of the decade. The company is active in more than 40 countries and has invested in or committed to projects worth more than $30 billion.

The world’s biggest oil exporter aims to generate 50 per cent of its electricity from clean energy sources by the end of the decade and plans to invest more than $180 billion to cut its carbon emissions to net zero by 2060.

“With more than 90 per cent of its electricity production decarbonised, the EDF group is pursuing its ambition to contribute to reach carbon neutrality by 2050,” said Beatrice Buffon, group executive vice president in charge of EDF’s International Division.

“Our objective is to continue to be a key player in the development of innovative, fully resilient and net-zero electrical systems.”

  • Plans for a new Four Seasons Resort at The Red Sea, Saudi Arabia, have been revealed. All photos: Four Seasons
    Plans for a new Four Seasons Resort at The Red Sea, Saudi Arabia, have been revealed. All photos: Four Seasons
  • Designed by Foster+Partners, the resort will be located on Shura Island, the main hub of the destination
    Designed by Foster+Partners, the resort will be located on Shura Island, the main hub of the destination
  • There will be three lagoon-like swimming pools and separate beaches for adults and families
    There will be three lagoon-like swimming pools and separate beaches for adults and families
  • All 149 rooms and suites will offer views of the island's shoreline
    All 149 rooms and suites will offer views of the island's shoreline
  • The resort will have six restaurants and lounges
    The resort will have six restaurants and lounges
  • It will be surrounded by landscape grounds
    It will be surrounded by landscape grounds

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