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 8166 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
Cerruti 1881 unveils the latest Riomaggiore timepiece [42931-Views]
Let the senses be hypnotised by Oud Elite's Rose Noir [38987-Views]
Grand Optics Launches “Kids Right to Clear Sight” Initiative [34034-Views]
Calvin Klein Eyewear - 205 W39 NYC [30992-Views]
Linda Farrow is proud to announce the launch of its debut N°21 by Linda Farrow eyewear collection. [27909-Views]
100 New Ways to Transform Your Home With the New Ikea Catalogue [24329-Views]
Etro eyewear - Paisley pattern, high-tech materials & timeless color [22386-Views]
SUC Has Partnered with IELTS-IDP Education Ltd, UAE [22230-Views]
MCM eyewear - Bold shapes, exclusive detailing, & artisanal finishing. [22115-Views]
Karl Lagerfeld eyewear - Contemporary glamour, and high-tech design. [22029-Views]
SOUQ.com hosts two-day Samsung carnival with incredible offers on Mobiles, Wearables and Accessories [21386-Views]
Calvin Klein platinum Eyewear [21324-Views]
SOUQ.com – Your one stop shop for all back to school essentials with up to 60% off [18147-Views]
VLCC and Saudi conglomerate Cigalah Group sign strategic partnership to launch VLCC Wellness Centres... [18020-Views]
Credit FAQ Discusses Potential Implications Of Qatar Boycott For Gulf Cooperation Council Sovereigns [16289-Views]
Coty Inc. Introduces James Molloy as Rimmel London's New Global Make-up Ambassador [15637-Views]
International SOS and Control Risks Advise Pilgrims Worldwide Ahead of Hajj 2017 [14124-Views]
HUAWEI nova 2 Plus, the new selfie superstar experiences exceptional demand in the UAE [13427-Views]
AIGNER Iridescence [12185-Views]
LG DUALCOOL Air Conditioner Builds a Tower of Chocolate [8995-Views]
 
RSS Facebook Twitter LinkedDin
 
Top Sections
 
Top Stories