Connection of 300MW venture by ACWA Power and AlGihaz comes after their world-record bid of 8.781 halalas/kWh (US$2.34/kWh) in the first round of Saudi Arabia's renewable tender programme.
The 200MW project n Egypt’s West Nile province will be one of Egypt’s largest solar parks, not far from the Benban solar complex and construction is expected to start in 2021.
New incentive programme meant to help kingdom meet 60GW-by-2030 renewable target sees the light in the wake of Abqiaq drone strike and oil price uncertainty..
Completion of 15MW Al Kharj Solar Project follows consultants’ predictions that Middle Eastern kingdom will grow in five years to install annual solar volumes of 1-5GW.