A consortium led by Japanese firm Marubeni Corporation has signed a 23-year power purchase agreement with Petroleum Development Oman (PDO) for the 105MW Amin Solar PV IPP Project.
A consortium of Saudi-based developer ACWA Power and contractor AlGihaz have closed financing of the SAR1.2 billion (US$319 million) Sakaka solar project standing at 300MW in Al Jouf, Saudi Arabia, a project that attracted headlines across the world last year after the government chose ACWA Power despite Masdar putting in the lowest ever solar bid.