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Saudi Arabia

SoftBank Vision Fund to build 3 GW of solar and storage in Saudi Arabia

The Saudi Electricity Company has signed a Memorandum of Understanding with the Public Investment Fund and Softbank Vision Fund to create 3 GW of solar and storage capacity in the Kingdom in 2018.

Interview: after Saudi Arabia, how low can solar prices go?

The recent Saudi Arabian tender for 300 MW of solar PV saw a bid of $0.0178/kWh – the lowest price by far yet seen globally. Aymen Grira of French energy consultancy Altran discusses this bid, and explores the wider PV potential of the MENA region.

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Saudi Arabia’s 300 MW solar tender may conclude with lowest bid ever

A consortium formed by UAE-based Masdar and French energy giant EDF has offered to deploy all the tendered capacity at a LCOE of 0.06697 SAR ($0.0178) per kWh. In addition, seven of the eight bids were under $0.03 per kWh. The tender’s bidders will be announced by the end of January 2018.

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Saudi Arabia issues net metering scheme for small-scale solar

The Middle Eastern country has so far mainly supported large-scale projects. The new rules, which will apply to projects not exceeding 1 MW, will come into force in mid-2018.

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Saudi Arabia shortlists 27 companies for PV project

The Saudi Renewable Energy Development Office (REPDO) has announced a shortlist of 27 companies that will be invited to submit proposals for 300 MW of solar PV commissioned as part of the first round of Saudi Arabia’s National Renewable Energy Program (NREP).

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The pv magazine weekly news digest

The Toyota Prius gets rooftop solar, Fraunhofer and Hevel push multicrystalline and HJT efficiencies, Saudi Arabia begins 300 MW tender process and Tesla publishes its Q4 2016 financials – welcome to the week that was.

MENA’s 2017 solar PV pipeline grows to 4 GW, says MESIA

Middle East Solar Industry Association’s Solar Outlook Report 2017 suggests more than 5.7 GW of solar power – including concentrated solar power – is in the pipeline for the region, with 2017 poised to be strongest year yet.

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