South Korea’s Doosan Enerbility has won the engineering, procurement, and construction (EPC) contract for the Shuaibah 3 Independent Water Project.
The $640 million desalination project is being developed by Shuaibah Three Water Desalination Company, a special purpose vehicle established by Acwa Power and Water & Electricity Holding Company (Badeel), a Saudi utility developer owned by the PIF sovereign wealth fund.
Shuaibah Water Electricity Company (SWEC), Saudi Water Partnership Company (SWPC), the off-taker of Shuaibah 3 IWPP, and Acwa Power, a leading Saudi developer, investor, and operator of power generation, desalinated water, and green hydrogen plants worldwide, signed an agreement to restructure the Shuaibah 3 Independent Water and Power Project IWPP) in June 2022.
Shuaibah 3 IWPP activities will finish in 2025, saving 22 million barrels of light crude oil yearly and roughly 45 million tonnes of carbon dioxide emissions
According to the agreement, the Shuaibah 3 Independent Water Project (IWP) would be replaced as an energy-intensive thermal desalination and power generation complex with a new saltwater reverse osmosis (SWRO) desalination facility. As a result, Shuaibah 3 IWPP activities will finish in 2025, saving 22 million barrels of light crude oil yearly and roughly 45 million tonnes of carbon dioxide emissions.
The Shuaibah 3 IWP is slated to be the world’s largest reverse osmosis desalination facility.
Solar Power
As stipulated in the EPC contract, Doosan Enerbility (formerly Doosan Heavy Industries & Construction) will construct a 60 MW solar power plant in addition to a desalination facility with a daily capacity of 600,000 cu m.
The project’s work is anticipated to begin in September 2022, and it is planned to be completed in May 2025. When finished, the desalination facility will provide two million people with potable water. The desalination plant will receive electric power from the solar farm.