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Saudi Arabia’s inaugural 400MW wind project has received four bids with the kingdom likely to award the scheme late June as the world’s largest oil exporter incorporates more renewable into its grid to free up crude for export.
Acwa Power of Saudi Arabia. France’s EDF Energies Nouvelles. Italy’s Enel Green Power and UK’s International Power are the four bidders on the planned scheme at Dumat Al Jandal. in the northern Al Jouf region. a spokeswoman for the Saudi energy ministry’s Renewable Energy Project Development Office told The National.
The bids will remain sealed until the opening bid ceremony. she added. Sources close to the bid process told The National that the wind project is expected to be awarded in late June.
Saudi Arabia. which largely burns oil to generate power. has set ambitious targets to add 9.5 Gigawatts of renewables by 2023. as it looks to sell more of its crude to export markets. The Saudi energy ministry’s renewables office is expected to tender 3.25GW of solar and 800MW of wind capacity this year alone.
Paddy Padmanathan. chief executive at Saudi renewables developer Acwa Power. said last month that the kingdom would break ground on the wind project this year.
`The wind project should not only be awarded this year. it should go to construction this year. I expect it to be awarded and in financial close this year.“ he said in Dubai at the time.
Mr Padmanathan. whose company won the kingdom’s first 300MW solar photovoltaic project earlier this year. said Saudi Arabia would likely tender the capacities in “11 renewables tenders“ – eight for PV and two for wind.
