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.

April 16, 2021 Designer Studio Recognized For Luxury Interior Design

In recent years the Qatar skyline has undertaken a transformation with ground-breaking projects taking their place alongside traditional architecture. From the modern landmarks such as The Torch Doha to the traditional styled Qatar National Librar...

November 12, 2019 Zain selects Ericsson for 5G in Bahrain

Spanning Ericsson 5G Radio Access Network (RAN) and 5G Core products and solutions, Zain Bahrain aims to enhance the digital lives of people, enterprises and industries in the country via its 5G network.

October 17, 2022 Why and How Should You Invest in Mutual Funds in Dubai?

If you're looking for a way to grow your money, you may wonder how and where to invest. Mutual funds can be an excellent option for investors in Dubai, as they offer opportunities for growth and diversification. In this article, we'll di...

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