May 18, 2020

Saudi Electric Company and GE Team Up to Build Breakthrough Green Duba Solar Plant

Energy
Sustainability
joint ventures
Saudi Electric Company
Bizclik Editor
2 min
Saudi Electric Company and GE Team Up to Build Breakthrough Green Duba Solar Plant

Saudi Electricity Company (SEC) will partner General Electric (GE) for a project that marks Saudi Arabia’s first integration of a solar field with a combined-cycle plant and the first introduction of condensate as a gas turbine fuel.

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The landmark project, the ‘Green Duba’ Integrated Solar Combined Cycle Plant, will be built in the northwestern part of Saudi Arabia, along the Red Sea coast, and has the capacity to generate the equivalent energy needed to supply approximately 600,000 Saudi Arabia homes for a year.

Eng. Ziyad M. Alshiha, president and CEO of SEC, said: “This part of Saudi Arabia is a developing region with limited grid interconnection, so the additional power generated by the Green Duba project will be tremendously important in supporting growth.

“We expect the plant to provide cost-efficiencies over its life cycle, along with the fuel flexibility and solar capabilities needed to support the Kingdom’s fuel conservation and renewable technology initiatives.”

The project is designed to generate up to 550 megawatts (MW) from the combined-cycle plant; the solar field will supply steam for an additional 50 MW. GE will supply the engineering equipment package for the combined-cycle plant, including two highly efficient, reliable F-class gas turbines, a 7F.05 and a 7F.03; steam turbine; generators; heat recovery steam generators (HRSG); condenser; boiler feed pumps; Mark VIe distributed control system and a long-term service agreement.  

Hisham Albahkali, GE president & CEO for Saudi Arabia and Bahrain, said: “The contract is another testament to our committed partnership with SEC to further enhance the efficiency and flexibility of its plants.

“The integration of solar power and the introduction of condensate fuel at the Green Duba project is a true milestone for the Kingdom and supports the government’s vision to promote energy sector efficiency with a focus on renewables.”

Recently, the first four 7F.05 gas turbines in the field successfully reached full commercial baseload operation at SEC Power Plant (PP) 12 in Riyadh. By early 2015, all eight units at PP12 will be operating in combined cycle and add nearly 2,000 MW.

Today, GE assists in the generation of more than half of the Kingdom’s power supply and has over 500 gas turbines installed in the Kingdom, its equipment operating in approximately 40 SEC power plants—a partnership that spans over four decades.

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Jun 14, 2021

5 minutes with... Janthana Kaenprakhamroy, CEO, Tapoly

Tapoly
Insurance
Leadership
Digital
Kate Birch
3 min
Heading up Europe’s first on-demand insurance platform for the gig economy, Janthana Kaenprakhamroy is winning awards and leading with diversity

Founder and CEO of award-winning insurtech firm Tapoly, Janthana Kaenprakhamroy heads up Europe’s first on-demand insurance platform for the gig economy, winning industry awards, innovating in the digital insurance space, and leading with inclusivity.

Here, Business Chief talks to Janthana about her leadership style and skills. 

What do you do, in a nutshell?

I’m founder and CEO of Tapoly, a digital MGA providing a full stack of commercial lines insurance specifically for SMEs and freelancers, as well as a SaaS solution to connect insurers with their distribution partners. We build bespoke, end-to-end platforms encompassing the whole customer journey, but can also integrate our APIs within existing systems. We were proud to win Insurance Provider of the Year at the British Small Business Awards 2018 and receive silver in the Insurtech category at the Efma & Accenture Innovation in Insurance Awards 2019.

How would you describe your leadership style?

I try to be as inclusive a leader as possible. I’m committed to creating space for everyone to shine. Many of the roles at Tapoly are performed by women and I speak at industry events to encourage more people to get involved in insurance/insurtech. Similarly, I always try to maintain a growth mindset. I think it’s important to retain values to support learning and development, like reliability, working hard and punctuality.

What’s the best leadership advice you’ve received?

Build your network and seek advice. As a leader, you need smart people around you to help you grow your business. It’s not about personally being the best, but being able to find resources and get help where needed.

How do you see leadership changing in a COVID world?

I think the pandemic has proven the importance of inclusive leadership so that everyone feels supported and valued. It’s also shown the importance of being flexible as a leader. We’ve had to remain adaptable to continue delivering high levels of customer service. This flexibility has also been important when supporting employees as everyone has had individual pressures to deal with during this time. Leaders should continue to embed this flexibility within their organisations moving forward.

They say ‘from every crisis comes opportunity’, what opportunities do you see?

The past year has been challenging, but it has also proven the importance of digital transformation in insurance. When working from home was required, it was much harder for insurers to adjust who had not embedded technology within their operating processes because they did not have data stored in the cloud and it caused communication delays with concerned customers at a time when this communication should have been a priority, which ultimately impacts the level of customer satisfaction. This demonstrates the importance of what we are trying to achieve at Tapoly in driving digitalisation in insurance and making communication between insurers and distribution partners seamless. 

What advice would you give to your younger self just starting out in the industry?

Start sooner, don’t be afraid to take (calculated) risks and make sure you raise enough money to get you through the initial seed stage.

 

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