Saudi Renewables Program Targeting 9.5GW By 2030

Riyadh’s renewables unit has shortlisted companies to develop 700MW of solar and wind capacity. The tender brings impetus to a previously floundering renewables program.

The Renewable Energy Project Development Office (Repdo) of Saudi Arabia’s Ministry of Energy has shortlisted qualified companies for round one of a renewables program targeting 3.45GW of capacity by 2020 and 9.5GW by 2030.

Repdo has qualified 27 companies for a 300MW solar photovoltaic (PV) project and 24 for a 400MW wind farm, out of 128 applications for a tender begun in late February. The companies have been selected to be managing participants, technical participants or to fulfil both roles (see table).

The agency has invited proposals from the companies to develop the solar and wind capacity in independent power producer (IPP) projects. Repdo says energy minister Khalid al-Falih will announce the next phase of the renewables program at an investment forum in Riyadh in mid-April. The solar PV project will be built at Sakaka in the northern Al-Jawf region and the wind farm will be installed at Midyan in the northwestern Tabuk region. Announcing the tender in February, Mr Falih said the aim is to award development contracts in September. (CONTINUED - 739 WORDS)

DATA INSIDE THIS ARTICLE

table Companies Qualifying For Repdo'S Saudi Renewables Tender