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

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

October 9, 2026
Pan-African renewables developer Axian Energy has signed a power purchase agreement (PPA) with energy aggregator and trader Africa GreenCo in Zambia.
October 9, 2026
India’s MNRE issued the 12th revision of its Approved List of Models and Manufacturers (ALMM) List-II for solar PV cells on 8 October 2026.
October 9, 2026
Funds have been raised from private equity providers for two community solar developers that benefit several US states, in separate deals.
October 9, 2026
The IPP has begun the build phase of a new 420MW hybrid renewable energy park in Mohave County, Arizona, with completion due in 2028.
October 9, 2026
Dos Grados has agreed to acquire three PV solar projects in Spain from Akuo, with a combined installed capacity of more than 500MW.
October 9, 2026
Spanish IPP Grenergy has secured a US$457 million non-recourse senior financing for a 446MW Chilean solar-plus-storage portfolio.

Upcoming Events

Solar Media Events
October 13, 2026
San Francisco Bay Area, USA
Solar Media Events, Upcoming Webinars
October 21, 2026
2pm AEDT
Solar Media Events
November 3, 2026
Málaga, Spain
Solar Media Events
November 24, 2026
Warsaw, Poland