The French energy company said the project will come into operation in 2022. It will sell power to the Saudi Power Procurement Company under a 25-year PPA.
Construction on the solar plant is expected to begin this year. It will supply power to SNCF’s unit SNCF Energie over a 20-year period.
The Israeli authorities have selected 24 bidders for the tender’s final phase. Construction of the solar-plus-storage facility is planned for late 2021, and completion in 2023.
Abu Dhabi-based Masdar says that the United States offers “considerable scope for further growth.”
The French energy company will build the facility on the water reservoir of the Lazer hydroelectric plant, to double its production. Construction is expected to require 13 months.
France’s EDF and China’s Jinko Power Technology have finalized financing for the 2 GW Al Dhafra PV2 project. The array will sell electricity to Emirates Water and Electricity Co. at a price of $0.0135/kWh.
The generation capacity – three 450 MWp projects in the state of Rajasthan – is expected to be commissioned towards early 2022.
Winners of the island state’s largest ever renewable energy procurement include AES, Hanwha, Engie, EDF, Longroad.
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