NEOM Partners with Xendee for Renewable Energy Solutions
NEOM partners with Xendee to transition to renewable energy, focusing on microgrids and EV charging for a sustainable future. Xendee Corporation is playing a crucial role in this transformation. Xendee specializes in distributed energy systems and electric vehicle (EV) fast-charging infrastructure.
The NEOM project is a new, futuristic city in northwest Saudi Arabia, entering its next phase. NEOM plans to create a sustainable and innovative city that uses only renewable energy. Xendee Corporation is playing a crucial role in this transformation. Xendee specializes in distributed energy systems and electric vehicle (EV) fast-charging infrastructure. They are helping NEOM transition from fossil fuels to renewable energy sources.
Xendee's Role in NEOM
In the first phase, Xendee focused on replacing fossil-based systems with renewable energy solutions. They introduced solar panels, battery systems, wind turbines, and hydrogen fuel cells. Various key locations will use these technologies such as The Line, Oxagon, and various projects in the Gulf of Aqaba. This shift supports NEOM’s vision of a cleaner, greener city.
Addressing Challenges and Updating Plans
NEOM faced some challenges in reaching its ambitious goals. The original plans needed adjustments to align with current realities. Xendee stepped in to help. They showed that 100% renewable energy is possible, but it requires different costs than originally expected. With Xendee’s insights, NEOM updated its plans to focus more on microgrid-powered cities and islands. This approach reduces reliance on expensive transmission projects and centralized power plants. By doing so it aligns with Saudi Arabia's broader renewable energy goals.
Training and Realignment
Xendee provided training on distributed energy resource modelling. They taught the NEOM team how to design optimal energy solutions using Xendee’s software. Michael Stadler, CTO and Co-founder of Xendee, said, “We have helped the NEOM team align their goals and make positive changes to their plans. Now, their technical and economic objectives are better integrated.”
Focus on Microgrids and Efficiency
The updated plan maintains the goal of running entirely on renewable energy. But, the focus has shifted from centralized power grids to efficient microgrids. These microgrids will use a mix of renewable technologies like solar panels, wind turbines, and hydrogen fuel cells. The aim is to maximize renewable energy use while minimizing CO2 emissions and costs.
Innovative Solutions for Island Energy Needs
Xendee is now guiding NEOM in modelling energy solutions for over 10 islands. These islands will rely entirely on renewable microgrids. The plan includes building-integrated solar panels, rooftop PV panel systems, batteries, and small wind turbines. By focusing on these technologies, NEOM aims to reduce the need for extensive transmission lines. This will lower costs and environmental impact.
NEOM's Construction Progress
Construction for the NEOM project is already underway. The project will open its first destinations in 2028 if all goes to plan. There’s already strong demand too, with NEOM being the top choice location for expats investing in Saudi real estate. So as the project progresses, NEOM will continue to explore innovative energy solutions to meet its sustainability goals.
Xendee's Leadership in Energy Modelling
Xendee is crucial in analysing various sites for the NEOM project. They lead the design of energy-efficient solutions, aligning with NEOM's vision. By using renewable energy and advanced technologies, Xendee helps NEOM set a new standard for sustainable city development.
NEOM and Xendee creating a sustainable future
The NEOM project is making significant progress toward becoming a fully sustainable city with the help of Xendee Corporation. It focuses on renewable energy and innovative microgrid solutions. So NEOM aims to create a cleaner and more efficient urban environment. This partnership shows how advanced technology can drive sustainable development with construction already underway. New phases of the project are rolling out too. So it is moving NEOM closer to its ambitious goals for a sustainable future.
Energy & Utilities - Middle East and Africa Market Outlook Report 2024.
This must-have report for industry players offers a thorough understanding of the latest developments, challenges, and opportunities in the region, supported by data, analysis, and expert insights.