Madinah Solar PV Park is a 50MW solar PV power project. It is planned in Al Madinah, Saudi Arabia. According to GlobalData, who tracks and profiles over 170,000 power plants worldwide, the project is currently at the permitting stage. It will be developed in a single phase. The project construction is likely to commence in 2024 and is expected to enter into commercial operation in 2025. Buy the profile here.
Description
The project is being developed and currently owned by Desert Technologies. The company has a stake of 100%.
Madinah Solar PV Park is a ground-mounted solar project.
Development status
The project construction is expected to commence from 2024. Subsequent to that it will enter into commercial operation by 2025.
Power purchase agreement
The power generated from the project will be sold to Saudi Power Procurement under a power purchase agreement for a period of 25 years. The offtake capacity is expected to be 50MW.
For more details on Madinah Solar PV Park, buy the profile here.
About Desert Technologies
Desert Technologies (DT) manufactures and installs solar products and develops solar energy projects. The company operates through DT Labs, DT Energy and DT Services divisions. It produces and supplies PV (Photovoltaic) modules, energy storage systems, solar street light and other solar products through DT Labs segment. DT's energy division finances, develops, builds, owns and operates utility solar projects; and services division provides PV installation; EV (Electric Vehicles) infrastructure; water treatment; and rural electrification services including operation and maintenance, engineering, procurement, and construction. The company serves industrial, commercial, and government clients in power, water and transport sectors. It operates offices in Egypt, Jordan and Italy. DT is headquartered in Jeddah, Makkah, Saudi Arabia.
Data Insights
From
The gold standard of business intelligence.
Blending expert knowledge with cutting-edge technology, GlobalData’s unrivalled proprietary data will enable you to decode what’s happening in your market. You can make better informed decisions and gain a future-proof advantage over your competitors.