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Saudi Energy Minister Khalid al-Falih says the ministry’s National Renewable Energy Program (NREP) unit will issue a request for qualification on 20 February for 700MW of solar and wind power capacity.
The tender will cover 300MW of solar photovoltaic (PV) capacity to be built at Sakaka in the northern Al-Jawf region and 400MW of wind capacity at Midyan in the northwestern Tabuk region. The ministry aims to invite bids in April with a view to awarding contracts in September.
Mr Falih says the Saudi renewables program will require investment of $30-50bn by 2023, and will involve the development of almost 10GW of renewables capacity. This represents a downward revision of an earlier massive plan by King Abdullah City for Atomic and Renewable Energy (Kacare). (CONTINUED - 780 WORDS)
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