Saudi Arabia shortlists 27 companies for PV project

More than 120 companies submitted statements of qualification for round one of the NREP, according to REPDO. The office, a part of the Saudi Arabian Ministry of Energy, Industry and Mineral Resources, has now shortlisted 27 companies that will proceed to the Request for Proposals stage. REPDO has also shortlisted a further 24 companies to work on proposals for a 400 MW wind farm.

A full list of the 27 approved companies is available here. All are categorized as either ‘managing members, ‘technical members’ or both, based on their experience delivering similar projects. Companies not approved by REPDO may still participate in the projects by forming a consortium with a qualified managing and technical member.

The initial request for qualifications was issued in February, and closed on 20th March 2017.

“Response to the Kingdom’s invitation to its first renewable energy projects has been overwhelmingly positive, demonstrating market confidence in our renewable energy potential and investment environment,” said Khalid Al Falih, Saudi Arabian Minister of Energy, Industry and Mineral Resources. “We look forward to engaging more with these leading developers during the next phase of the process.”

The next phase of the project, the Saudi Kingdom’s first foray into utility-scale renewable energy, will be announced at the Saudi Arabia Renewable Energy Investment Forum next week.