Saudi Arabia Launches Third Round Of National Renewable Energy Program

Posted on January 9, 2020 · 1 min read

Saudi Arabia Launches Third Round Of National Renewable Energy Program - Featured Image | MEA Markets
Share this article

Saudi Arabia has launched the third round of its national program to build up solar power generation capacity in the Kingdom.

The Renewable Energy Project Development Office (REPDO) of the Ministry of Energy has issued the request for qualifications (RFQ) for Round Three of the Kingdom’s National Renewable Energy Program (NREP), the official Saudi Press Agency (SPA) said on Thursday.

The new phase comprises of four solar photovoltaic (PV) projects with a combined generation capacity of 1,200 megawatts (MW). The RFQ window for round three closes on February 6, 2020.

The statement said the third round would be divided into two categories – Category A targets smaller companies, and includes the 80 MW Layla and the 120 MW Wadi Al Dawaser solar PV projects while Category B includes the 300 MW Saad and 700 MW Ar Rass solar PV projects.

Projects within round three will carry a minimum requirement of 17 percent local content in order to increase the value-added contribution of products and services in the national economy, the statement quoted REPDO head Faisal Alyemni as saying.

In 2017, REPDO had tendered the first round which included the 300 MW Sakaka solar PV and the 400 MW Dumat Al Jandal wind power projects.

In July 2019, REPDO launched Round Two of the NREP which comprised of six solar PV projects totaling 1,470 MW. The deadline for receiving proposals is 20 January for Round Two projects and 3 February for Categories B and A.

You might also like

Looking for more? Gain deeper insights with these recommended articles, selected to provide further value.

June 11, 2021 The Women that Run Big Business in Africa

Africa.com undertook a rigorous research project to identify not just high profile personalities, but the women who actually run the largest, most complex businesses on the African continent. The result is called The Africa.com Definitive List of ...

April 13, 2023 Universities Should Embrace ChatGPT, Not Resist It, Says AURAK Study

ChatGPT and similar tools are here to stay, and it is futile to try to prevent their use. The best course of action is to guide university students to use such AI-enabled text-generation programs responsibly and ethically, according to an internal...

July 12, 2024 Most Employees in the UAE Have a Second Job or Business, Expert Says

In the UAE private sector, it is not uncommon for employees to have a side hustle. Recruitment experts said that it is important for employees and job-seekers to discuss this with potential employers during the interview process. Kameron Hutchins...

Join our newsletter.

Gain Access To Exclusive Content

Stay Updated With The Latest News

It's Free To Subscribe

By signing up, you agree to receive marketing emails.

Join our newsletter box - side image
Trusted by the best teams around the world