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

The World's First Wind-Freeā„¢ air-conditioner by SAMSUNG is launched in Saudi Ara ...

EMERSON INAUGURATES NEW FACILITY IN SAUDI ARABIA TO SUPPORT LOCALIZED INNOVATIO ...

HVACRIndustry Heats Up at Jeddah's Largest Dedicated Expo

AIGNER Love

Sports Bras Banishing Bounce by 83% arrive in store

Malabar Gold & Diamonds makes historic gain Opens 11 showrooms in a day across 6 ...

IKEA Welcomes Children in-store to Spread Love for the Arabic Language as Part o ...

Princess Reema hopes to see a woman in every Saudi sports federation

Key Insights on Trade Finance Development Discussed at the Saudi Trade Finance S ...

Michael Kors Presents Spring 2018 Jewelry

Qabala joins Air Arabia's Azerbaijan network

Operation: Falafel Bites Into The Saudi F&B Market

LG Exploring New Commercial Opportunities With Expanding Robot Portfolio

LG's 2018 Speaker Lineup Wows With Premium Sound, Ease of Use and Now Smart Capa ...

Air Liquide enters Saudi Arabia's Home Healthcare market

Emirates to operate special A380 flight to Kuwait for UAE supporters to attend A ...

Schneider Electric Renews MoU with National Grid Saudi Arabia to Increase Electr ...

Saudi Arabia, European Union Experts Discuss Cooperation on Energy Efficiency

Dubai Wins Red Diamond Award for World's Greatest New Year's Celebration!

Swarovski Launches its Festive Collection in KSA with Sausan Al-Kadi