SaudiArabiaPR.com, Online Press Release from Saudi Arabia,Riyadh, Jeddah, Dammam, Meccca and Medina
 
(Energy and Industry)
Filter PR by
  
ENGIE has been qualified in the first round of the tendering process for two renewable energy projects in Saudi Arabia

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.

Posted by : Saudi Arabia,Riyadh, Jeddah, Dammam, Meccca and Medina PR Network Editorial Team
Viewed 10086 times
PR Category : Energy and Industry
Posted on : Saturday, April 15, 2017  3:40:00 PM UAE local time (GMT+4)
Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of SaudiArabiaPR.com.
Email this article Print this article

Share this article with your friends and followers
NewsVine
Back to Section Home

Related Stories

 
 
Most Viewed Press Release posted in the last 7 days
Sports Bras Banishing Bounce by 83% arrive in store [45387-Views]
Michael Kors Presents Spring 2018 Jewelry [40024-Views]
Dubai Wins Red Diamond Award for World's Greatest New Year's Celebration! [36732-Views]
AIGNER Love [35707-Views]
Tiziana Terenzi launches its Anniversary Collection [34969-Views]
Go the extra mile this Valentine's Day with Robinsons [30787-Views]
Malabar Gold & Diamonds makes historic gain Opens 11 showrooms in a day across 6 countries; Crossing... [30053-Views]
IKEA Welcomes Children in-store to Spread Love for the Arabic Language as Part of ‘Arabic Reassemble... [29208-Views]
LG Exploring New Commercial Opportunities With Expanding Robot Portfolio [27273-Views]
Kick off Spring/Summer season in style with Centrepoint's latest collection [25551-Views]
LG's 2018 Speaker Lineup Wows With Premium Sound, Ease of Use and Now Smart Capabilities [24256-Views]
Emirates to operate special A380 flight to Kuwait for UAE supporters to attend Arabian Gulf Cup fina... [24116-Views]
AIGNER Dubai World Cup Timepiece [23177-Views]
CG of India declared Champion at the 2nd Diplomat Cricket Cup by Skyline University College [22944-Views]
Qabala joins Air Arabia's Azerbaijan network [21910-Views]
Premium products to enhance brand image and accelerate profitable growth for LG [21525-Views]
IKEA Saddened by the Passing of Founder, Ingvar Kamprad [20320-Views]
LG to Launch UltraFine 5k Display Tailored for Mac Users [20184-Views]
Skyline University College organized a 3-Day Boot Camp for GIFT University, Pakistan students [19225-Views]
CBRE Group, Inc. Named a World's Most Admired Company by Fortune Magazine for Sixth Consecutive Year [18270-Views]
 
RSS Facebook Twitter LinkedDin
 
Top Sections
 
Top Stories