Bidders submit proposals to develop solar schemes in Medina in the second round of Saudi Arabia’s renewables programme.
Saudi Arabia’s Renewable Energy Project Development Office (Repdo) has received two bids for the Category A projects in round two of the kingdom’s National Renewable Energy Programme (NREP).
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By GlobalDataThe bidders are Alfanar (local) / Al-Blagha (local) and First Solar (US).
Category A includes two solar photovoltaic (PV) power projects. The first planned project is located in Medina with a capacity of 50MW, and the other is a 20MW plant in Rafha.
Bids for the larger schemes in round two, classified as Category B, were submitted on 20 January.
The four teams that submitted bids for the four Category B solar PV projects include Marubeni (Japan) / Al-Jomaih (local), Total (France) / Al-Gihaz (local), Masdar (UAE) / EDF (France) / Nesma (local) and Acwa Power (local) / GIC (Kuwait).
The four solar PV projects have a combined electricity generation capacity of 1.4GW.
MEED understands that no single bidder will be awarded more than two of the projects.
Repdo’s second-round advisers are Japan’s Sumitomo Mitsui Banking Corporation (SMBC) as lead and financial adviser, the UK’s DLA Piper as legal adviser and Germany’s Fichtner as a technical adviser.
This article is published by MEED, the world’s leading source of business intelligence about the Middle East. MEED provides exclusive news, data and analysis on the Middle East every day. For access to MEED’s Middle East business intelligence, subscribe here
