Middle Eastern kingdom launches third round of renewable programme to find developers for four solar plants, adding to the six PV projects yet to be awarded under the second round.
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.
NADEC inks 25-year PPA with clean energy developer for project to help power complex in country’s east, with plans to launch supply in autumn 2020.
Deal brings Beijing’s fund for the Belt and Road Initiative closer to 1.668GW Saudi clean energy developer it has partnered with for past PV projects.
SABIC carrying out feasibility study on PV plant and moves into solar cell and battery storage development.
Saudi Arabia’s Public Investment Fund and partners to deliver directly 2GW of the total pipeline, with plans to host a public tender for 600MW.
Saudi firm enters joint venture with Electricity Generation Company of Bangladesh to deliver PV project in southeastern district of Feni.
Saudi Arabia has launched the second round of its solar power tender programme with a request for proposals for 1.5GW of solar.
Saudi Arabia plans to install 60GW of renewable energy by 2030, an official has said in an interview with the UAE state news agency WAM.
Huawei has been chosen as the sole inverter supplier for Saudi Arabia’s 300MW Sakaka plant, the first large-scale solar project in the country.
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.
Saudi Arabia’s sovereign wealth fund has rejected media reports that a multi-billion dollar solar programme has been halted.