Latest news with #NationalEnergyServicesCompany


Leaders
04-03-2025
- Business
- Leaders
Tarshid, Qassim University Launch Solar PV Project
The National Energy Services Company (Tarshid) and Qassim University have announced the launch of a solar photovoltaic (PV) project to enhance energy efficiency across the university's buildings and facilities. With a power generation capacity of 5,137 kW, the initiative is expected to achieve annual energy savings of 8.6 million kWh. Waled AlGhreri, Board Member and CEO of Tarshid, highlighted that after extensive field surveys and technical assessments, the company identified significant opportunities to optimize energy use by installing rooftop solar panels and systems. This project also promotes self-consumption of clean, renewable energy while adhering to the highest global standards. The initiative aims to reduce the university's annual electricity consumption from approximately 186 million kWh to 178 million kWh, preserving over 13,000 barrels of oil equivalent per year and preventing nearly 4,000 metric tons of carbon emissions. Moreover, this environmental impact is comparable to planting more than 82,000 tree seedlings annually. Aligned with Saudi Arabia's Vision 2030, this project reinforces Tarshid's commitment to sustainability, energy conservation, and carbon footprint reduction. Related Topics: Tarshid Launches Energy Efficiency Project at Al-Jouf Hospital, Targeting 22% Savings Al-Shuaiba Solar Energy Project: Symbol of Achievement, Development Breathtaking Scenery, Communications Disruption: Solar Storm Hits Earth-Photos SAMA Grants License to Tamara Finance for Consumer Finance, BNPL Services Short link : Post Views: 12


Leaders
17-02-2025
- Business
- Leaders
Tarshid Launches Energy Efficiency Project at Al-Jouf Hospital, Targeting 22% Savings
The National Energy Services Company (Tarshid) has partnered with King Abdulaziz Specialist Hospital to launch a comprehensive retrofitting project aimed at enhancing energy efficiency across the hospital's 10 buildings and facilities in Al-Jouf. The project seeks to significantly reduce energy consumption while adhering to the highest international standards. In a press release issued today, Tarshid's CEO and Board Member, Waled Al-Ghreri, highlighted that extensive on-site surveys and technical assessments were conducted to evaluate the buildings and facilities involved in the project. The results underscored the need for 13 key improvements, focusing on control systems, air conditioning, and lighting. Notable upgrades will include enhancing the chiller control system, scheduling air handling units, and installing variable frequency drives (VFDs) to regulate speed and improve overall efficiency. Additionally, several existing air conditioning chillers will be replaced with high-efficiency models. The building management system will be modernized and integrated with the new cooling and air conditioning systems to further optimize performance. Moreover, lighting upgrades will replace conventional systems with energy-efficient LED solutions, equipped with occupancy sensors and smart motion detectors to improve operational efficiency. The project is expected to reduce the hospital's annual electricity consumption from 12.8 million kilowatt-hours to 9.8 million kilowatt-hours. This will represent an estimated 22% energy savings. This a reduction will also save over 4,000 barrels of oil equivalent and cut approximately 1,400 metric tons of carbon emissions. This is the equivalent environmental benefit of planting more than 23,000 tree seedlings each year. Related Topics : Fitch upgrades Saudi Arabia credit rating to 'A+', testimony of Vision 2030 success PIF: Crown Prince's winning ace towards a post-oil future for Saudi Arabia Public Investment Fund leads Saudi Economy Towards Vision 2030 Goals Huawei and Taameer Partner to Revolutionize Real Estate Sector in Saudi Arabia Short link : Post Views: 37