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 13151 times
PR Category : Energy and Industry
Posted on : Saturday, April 15, 2017  3:40:00 PM UAE local time (GMT+4)
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
Celebrate the Festive Season With Chloe Eau De Parfum [50737-Views]
Roberto Cavalli Gold Collection [49676-Views]
Let It Glow [35863-Views]
What Procedure I Got Done to My Skin [18618-Views]
DKNY Launches (Limited Edition) Holiday 2018 Collection [16408-Views]
Marni Introduces Marni Rothko, A 7-layer Acetate Frame With a Vivid, New Color Palette [13903-Views]
Interview with Asil Attar, CEO of Al Yasra Fashion [13887-Views]
PopSockets launches a new collection with crystals from Swarovski, the must-have accessory for the H... [13878-Views]
HP ProBook x360 11 G3 and G4 Education Edition [12792-Views]
Marchon Eyewear, INC. And Victoria Beckham LTD. Sign Exclusive Global Licensing Agreement for Eyewea... [12726-Views]
From Tracks to the Street: Puma Re-issues CELL Venom [11730-Views]
Completes Acquisition of Versace [9389-Views]
Michael Kors Unveils Spring 2019 Michael Kors Collection Ad Campaign [8778-Views]
Profeta - Premium Range of Halal Vitamins and Supplements for Men, Women and Children [8602-Views]
INJAZ Al-Arab Gears-up for the 12th Annual Young Arab Entrepreneurs Competition to be held in Kuwait [6699-Views]
Sony Unveils Newest Products and Introduces Latest Efforts from Entertainment Businesses at CES 201... [5949-Views]
Introducing Burberry Bespoke Fragrances [5363-Views]
Rolls-Royce Motor Cars Achieves Historic Business Record [5240-Views]
LG Electronics' Promise of AI for an even Better Life Delivered at CES 2019 Keynote [4490-Views]
19 reasons to fly with British Airways in 2019 [4428-Views]
 
RSS Facebook Twitter LinkedDin
 
Top Sections
 
Top Stories