Search SaudiArabiaPR.com

Home >> Energy and Industry

ENGIE has been qualified in the first round of the tendering process for two renewable energy projects in Saudi Arabia

Saturday, April 15, 2017/ Editor -  

Share

Home >> Energy and Industry

ENGIE, through its subsidiary International Power SA, has been qualified in the first round of the tendering process for two renewable energy projects in Saudi Arabia. ENGIE is among the 27 companies selected for a 300 MW solar photovoltaic project, and among the 24 companies selected for a 400 MW wind farm. The shortlisted companies have been selected from a total of 128 applications.

The 300 MW solar photovoltaic project will be developed in the Sakaka area in the northern Al Jouf Province. The 400 MW wind farm will be built in the Midyan coastal area in Tabuk Province, which is also in the north. Both projects will be backed by long-term power purchase agreements (PPAs), i.e. 25 years for Solar PV and 20 years for Wind. The request for proposal process will be launched on 17 April, on the occasion of the Saudi Arabia Renewable Energy Investment Forum, and is expected to close in July 2017.

These two projects are part of the National Renewable Energy Program (NREP) of the Saudi Ministry of Energy, Industry and Mineral Resources, which aims to increase the share of renewable energy in the total energy mix, targeting the generation of 3.45 GW of renewable energy by 2020 and of 9.5 GW by 2023, towards Vision 2030, the long term strategic plan of the Kingdom.

ENGIE wishes to further contribute to the development of renewable energies in the Gulf Cooperation Council countries and its success in this first round on the Saudi NREP reflects the quality of its submissions and its competitiveness in both solar photovoltaic and wind technologies.


Previous in Energy and Industry

Next in Energy and Industry


Home >> Energy and Industry Section

Latest Press Release

Six pairs of Emirati siblings marched together at Skyline's 27th Graduation Cere ...

Michael Kors to Open Store in Jeddah, Saudi Arabia

SOUQ.com to Launch Half a Million Deals for White Friday 2017

New Season Haircare Must-Have: Head & Shoulders Invigorating Apple Fresh Range

EFS Facilities Services Wins Integrated Facilities Management Contract With King ...

Meet and Greet with Jasmine Brett Stringer Held at SUC

Riyad Bank participate as Platinum sponsor of Saudi Trade Finance Summit

IKEA Reveals Nearly Half of Adults in the UAE Play Every Day

Launching Hugo Boss Writing Instruments

Huawei Consumer Business Group opens the Middle East's first ever ‘Huawei Experi ...

Justice League – Join the League: Police Limited Edition Timepiece

Trick or Treat Your Skin - New Halloween Special Edition Vanilla Pumpkin by The ...

American Lifestyle Brand Fossil Launches Third Fossil Store in Saudi Arabia

Skyline University College and Sharjah Police launched Diploma in Travel and Tou ...

Skyline University College Blood Donation Camp 2017

HUAWEI Mate 10 Series takes the UAE by storm with breakthrough AI capabilities

Retail poised to be the first sector to recover in Riyadh's Real Estate Market

Max Mara Atelier - Fall/Winter 2017 collection

CITIZEN: Svelte BU4108-11H dress watch in black and rose gold plating makes an i ...

Graham Chronofighter Vintage GMT