For the 120 MW Wadi Ad Dawasir facility, the two shortlisted bidders are French energy giant TotalEnergies and Saudi power company ACWA, which offered an LCOE of SAR0.0700059 ($0.0186920)/kWh and SAR0.0983772 ($0.0262673)/kWh.
As for the 80 MW Layla plant, the two pre-selected bidders are ACWA, which 0ffered SAR0.1118905($0.0298754)/kWh, and Saudi infrastructure company Alfanar, which submitted a bid of SAR0.1218726 ($0.0325407)/kWh.
ACWA and Chinese developer Jinko Power were the two shortlisted bidders for 700 MW Ar Rass plant, for which they offered SAR0.0562342 ($0.0150148)/kWh and SAR0.0576232 ($0.0153857)/kWh, respectively.
For the 300 MW Saad solar plant, the two pre-selected bidders are Jinko Power, which submitted an LCOE of SAR0.0556255 ($0.0148523)/kWh, and a consortium formed by UAE-based developer Masdar and French energy company EDF, which offered SAR0.0685321 ($0.0182985)/kWh.
“Each of the four projects is obligated to meet the local content requirements imposed by the Local Content and Government Procurement Authority, which aims at increasing the value-added contribution of products and services to the national economy,” the Saudi Ministry of Energy said in a statement. “The successful bidders will enter into a 25-year PPAs with the Saudi Power Procurement Company (SPPC) as an offtaker.”
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