The Renewable Energy Project Development Office (Repdo) of Saudi Arabia’s Ministry of Energy has awarded the first solar project under its National Renewable Energy Program (NREP) to Saudi private energy developer Acwa Power.

Acwa offered a price of US¢2.34/kWh for the 300MW Sakaka solar photovoltaic (PV) plant, which is to be built on a 6km2 site in the northern Al-Jawf region of Saudi Arabia (see charts). This will be a record for an awarded solar PV plant, but it was not the lowest bid received by Repdo in the tender. (CONTINUED - 833 WORDS)