Kuwait’s first solar park to be built for US$3.27 billion

September 23, 2013
Facebook
Twitter
LinkedIn
Reddit
Email

A contract has been signed for the first solar power plant to be built in the Gulf state of Kuwait, a 280MW solar thermal power plant in Al-Abdaliya.

According to a report from the Kuwait News Agency (KUNA), the Ministry of Finance’s Technical Office for Examining Development Projects and Initiatives signed a contract with HSBC, which offered consultancy for the Al-Abdaliya project.

This article requires Premium SubscriptionBasic (FREE) Subscription

Try Premium for just $1

  • Full premium access for the first month at only $1
  • Converts to an annual rate after 30 days unless cancelled
  • Cancel anytime during the trial period

Premium Benefits

  • Expert industry analysis and interviews
  • Digital access to PV Tech Power journal
  • Exclusive event discounts

Or get the full Premium subscription right away

Or continue reading this article for free

The CSP plant, located south west of farming region Kabad, is the first solar power facility in the fossil fuel-rich nation. The Technical Office for Examining Development Projects and Initiatives also announced that it would float the venture for public tender under the country’s public private partnership programme (PPP).

Concentrated solar power (CSP) website CSP World reported that the site is projected to cost KD 926.25 million (US$ 3.27 billion) with the plant utilising a parabolic trough.

The consultancy contract with HSBC marks the first involvement in state development strategy in Kuwait by a private company. In December 2012, Kuwait set itself a target of generating 15% of energy by renewable sources by 2030.

Read Next

January 8, 2026
Curtailment of solar PV and wind has continued to increase in Chile last year and passed 6TWh, up 8% year-on-year, according to trade body, the Chilean renewable energy and energy storage association (ACERA).
January 8, 2026
Solar manufacturing major Canadian Solar is looking to raise US$200 million in convertible senior note sales to support its US manufacturing operations
January 8, 2026
Renewables developer Pacific Hydro has started commercial operations at its 293MW/220MWh solar-plus-storage project in Chile.
January 8, 2026
SunPower and the REC Group have unveiled a new 470W solar panel, dubbed 'Monolith', which is designed for use in the US residential sector.
January 7, 2026
Japanese cell and module manufacturer Toyo Solar has secured a supply agreement to source US-made polysilicon capacity.
January 7, 2026
Indian independent power producer Inox Clean Energy and its subsidiary Inox Solar have tied up equity totalling INR31 billion (US$340 million).

Upcoming Events

Solar Media Events
February 3, 2026
London, UK
Solar Media Events
March 24, 2026
Dallas, Texas
Solar Media Events
April 15, 2026
Milan, Italy
Solar Media Events
June 16, 2026
Napa, USA
Solar Media Events
November 24, 2026
Warsaw, Poland