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.

August 23, 2024 Shiji Group Introduces Property Management System to Luxury Hotels in the Middle East

Luxury hotel development in the Middle East is growing rapidly. From 2022 to 2023, project volume increased by 26%, indicating a clear demand for more elegant properties. Shiji Group, a globally recognized hospitality technology provider, is empo...

July 27, 2023 Saudi Arabia Strongly Positioned to Become a Global Biotech Hub Following $3.9bln R&D Funding

Saudi Arabia has the potential to become a world-leading hub for biotech research, development, and pharmaceutical manufacturing driving economic diversity and addressing national healthcare and food security issues, according to the latest report...

April 18, 2023 Sustainable Logistics: How Do We Start?

It is clear that many businesses are depending on logistics in order to provide the customers with the appropriate products and services. However, we live in a world that is experiencing climate change - and that has consequences. Therefore, we al...

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