Wednesday, October 23, 2024

Saudi Arabia’s 3.7 GW photo voltaic tender attracts lowest bid of $0.0129/kWh – pv journal International

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The Saudi Power Procurement Co. (SPPC) introduced the shortlisted bidders for the fifth spherical of the renewable power tender program of the federal government of Saudi Arabia.


The Saudi Power Procurement Co. (SPPC) introduced this week the shortlisted bidders for the ultimate section of the fifth section of the National Renewable Energy Program (NREP) of the federal government of Saudi Arabia.

The tendered PV crops embrace the two GW (AC) Al Sadawi plant situated within the east of the nation and the 1 GW (AC) Al Masa’a undertaking situated within the northern province of Hail. It additionally consists of the 400 MW (AC) Al Henakiyah 2 plant situated within the western province of Madinah and the 300 MW (AC) Rabigh 2 array situated within the western province of Makkah.

For the 2000 MW Al-Sadawi Solar PV IPP Project, the shortlisted bidders are a consortium consisting of UAE-based Masdar and Korea Electric Power Corporation (KEPCO), which supplied a worth of $0.0129/kWh, and a consortium fashioned of China-based SPIC Huanghe Hydropower Development Co., Ltd. and France-based EDF Renouvelables, which submitted a worth of $0.0131/kWh.

The shortlisted bidders for the 1,000 MW Al-Masaa Project (1000 MW) are SPIC Huanghe Hydropower Development-EDF Renouvelables consortium, which supplied $0.0131/kWh, and Saudi-based Al Jomaih Energy and Water Company in partnership with renewable power arm of The French large TotalEnergies, which submitted a worth of $0.0136/kWh.

For the 400 MW Al-Henakiyah2 Project, a worth of $0.0140/kWh was supplied by the SPIC Huanghe Hydropower Development-EDF Renouvelables consortium together with KEPCO, whereas one other group together with Masdar and Saudi power firm Nesma Renewable Energy (NRE) supplied $0.0151/kWh.

In the fourth undertaking – the 300 MW Rabigh2 Project – Al Jomaih Energy and Water Company, CompleteEnergy and KEPCO supplied $0.0178/kWh, whereas Nesma and Masdar submitted a bid of $0.0189/kWh.

The lists of chosen “managing and technical members” in addition to an inventory of “managing members” had been revealed in February.

The first listing consists of:

The second listing consists of:

The tasks shall be managed by SPPC – the government-owned entity tasked with acquiring electrical energy from unbiased energy producers – which shall be accountable for predevelopment, tendering and subsequent disposal of the power.

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