• 4 minutes Why Trump Is Right to Re-Open the Economy
  • 7 minutes Did Trump start the oil price war?
  • 11 minutes Covid-19 logarithmic growth
  • 15 minutes Charts of COVID-19 Fatality Rate by Age and Sex
  • 18 minutes China Takes Axe To Alternative Energy Funding, Slashing Subsidies For Solar And Wind
  • 2 mins There are 4 major mfg of hydroxychloroquine in the world. China, Germany, India and Israel. Germany and India are hoarding production and blocked exports to the United States. China not shipping any , don't know their policy.
  • 1 hour KSA taking Missiles from ?
  • 1 hour How to Create a Pandemic
  • 4 hours >>The falling of the Persian Gulf oil empires is near <<
  • 3 hours Trump eyes massive expulsion of suspected Chinese spies
  • 2 hours A New Solar-Panel Plant Could Have Capacity to Meet Half of Global Demand
  • 6 hours Russia's Rosneft Oil Company announces termination of its activity in Venezuela
  • 48 mins Where's the storage?
  • 3 hours Oxford Epidemiologist: Here’s Why That Covid-19 Doomsday Model Is Likely Way Off
  • 7 hours Dr. Fauci is over rated.
  • 8 hours TRUMP pushing Hydroxychloroquine + Zpak therapy forward despite FDA conservative approach. As he reasons, "What have we got to lose ?"

Saudi Arabia Shortlists 25 Bidders For First Utility-Scale Wind Plant

Wind

Saudi Arabia has shortlisted 25 companies that qualify to bid for proposals to build a 400-MW wind power plant in the northern part of the Kingdom, in what would be the first utility-scale wind power project, the Renewable Energy Project Development Office (REPDO) of Saudi Arabia’s Energy Ministry said on Tuesday.  

REPDO has qualified 25 companies—including major players in renewables such as Acciona, Enel Green Power, EDF Energies Nouvelles as well as technology giants such as GE, units of Siemens, Marubeni, and Mitsui, among others—to bid for the 400-MW Dumat Al Jandal project. The qualified companies will proceed to the Request for Proposals (RFP) stage as either ‘managing members’ or ‘technical members’ – or both – based on their experience in delivering IPP projects of this scale, the Saudi ministry said.

Saudi Arabia invited initial bids in July, and the interested companies had until August 10 to present their qualifications to the ministry.

Today, Saudi Arabia said that Dumat Al Jandal marks the second of two tenders for round one of the National Renewable Energy Program (NREP), which is part of Vision 2030 and aims to raise the share of renewables in the Saudi energy mix, targeting generation of 3.45 GW of clean energy by 2020, and of 9.5GW by 2023.

Bidding for the first utility-scale wind power project is set to close in January next year.

The first round of bidding for renewable power projects also includes 300 MW of solar PV in Sakaka, in the same region as the Dumat Al Jandal project. For the solar project, winning bids will be announced on November 27 this year.

Related: Blockchain Tech As A Hedge Against Low Oil Prices

Both the solar and wind power projects will be built under power purchase agreements: a 25-year one for the Sakaka solar project, and a 20-year one for the Dumat Al Jandal wind project.

“Round two of the NREP will be launched before the end of this year, keeping us firmly on track to deliver 9.5GW of renewable energy by 2023,” Saudi Energy Minister Khalid Al-Falih said in the ministry’s statement today.

By Tsvetana Paraskova for Oilprice.com

More Top Reads From Oilprice.com:



Join the discussion | Back to homepage




Leave a comment

Leave a comment

Oilprice - The No. 1 Source for Oil & Energy News