Lowest shortlisted bid in Saudi 1.47 GW tender was $0.0161/kWh
The shortlisted developers are EDF, Total, ACWA Power, Masdar, First Solar, Marubeni, and Al Blagha Holding.
Saudi Arabia reveals prequalified bidders for 1.2 GW PV tender
The Renewable Energy Project Development Office has prequalified 49 developers for the tender. Four large-scale solar projects will be built via the procurement exercise.
Solar is gaining traction in MENA region – but plenty of obstacles remain
Solar deployment continued to pick up in the Middle East and North Africa in 2019, the Middle East Solar Industry Association has said in its annual report.
Saudi Arabia launches 1.2 GW solar tender
With the third procurement round of the kingdom’s National Renewable Energy Program, the Renewable Energy Project Development Office is tendering four large-scale solar projects. Successful bidders will have to include at least 17% local content in their facilities.
Saudi Arabia’s 300 MW Sakaka solar plant comes online
The PV facility was completed a month and a half ahead of schedule by Saudi energy company ACWA Power. The project will sell power at $0.0236/kWh.
Does slew of solar mega tenders mean Gulf nations are belatedly accepting the inevitable?
With Kuwait, Qatar and even renewables laggard Saudi Arabia following in the wake of regional clean energy pioneer the UAE, a raft of huge solar tenders is entering the Middle Eastern project pipeline. Obstacles remain to overseas project developers but significant rewards are on offer.
The weekend read: Unsteady progress of a potential MENA solar superpower
With a combination of scale, a growing population, outstanding irradiation, and available capital, solar PV should be a ‘no brainer’ for the Kingdom of Saudi Arabia. But early explorations of the technology have soured expectations, and progress has come in fits and starts.
Saudi Arabia readies initial 1.4 GW tender
The kingdom has revealed 28 Saudi entities are among the 60 bidders when the first four projects of the second round of its National Renewable Energy Program are offered up in just over a week’s time.
Brazil A-4 auction signs 211 MW of solar for record-low price of $0.0175 kWh
Cracking the two-cent-mark as a global standard for PV appears within sight as projects in the U.S. and Brazil have been signed below that threshold. Just two years ago the industry celebrated sub-three-cent bids in the MENA region. Prices have come down so quickly, however, the new records are another third cheaper.
Saudi Arabia reportedly reduces NREP phase II bidders to around 60 companies
More than 100 domestic developers were interested in the seven-project, 1.515 GW generation capacity second round of the kingdom’s National Renewable Energy Program. That number has been reduced to dozens, according to a briefing note, and a request for proposals is expected within weeks.
