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The Saudi Energy Ministry’s Renewable Energy Project Development Office (Repdo) has shortlisted two bids for a 300MW solar PV plant. Saudi Arabia’s first utility-scale solar project to be built at Sakaka in the northern Al-Jawf region forms part of Round 1 of the kingdom’s National Renewables Energy Program (NREP).
Shortlisted are local private energy developer Acwa Power, which bid alone, and a consortium of Japan’s Marubeni and local firm Juffali Energy & Utilities.
The Acwa and Marubeni/Juffali bids – offering power at US¢2.34/kWh and US¢2.66/kWh respectively – were the second and third lowest of eight bids announced by Repdo in October. (CONTINUED - 814 WORDS)
DATA INSIDE THIS ARTICLE
|chart||Falling Solar Power Costs (US¢/KWH)|
|chart||...And Csp (Us¢/Kw H)|
|table||Gulf Solar Power Projects*|