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Saudi Arabia Releases Next Round of Tenders For Wind And Solar Projects

Riyadh, Saudi Arabia - The public perception of the desert state of Saudi Arabia has so far been that of an oil nation. However, the Saudi government has set itself ambitious targets for the expansion of renewable energies by 2030. The sixth round of tenders has now been released as part of the National Renewable Energy Program (NREP).

Through the NREP, Saudi Arabia is pursuing a structured plan to diversify local energy sources. Since the start of the program, projects with a total capacity of 19 GW (19,000 MW) have been awarded so far. Further tenders, such as the tender for new wind and solar parks announced in September, are intended to give the expansion an additional boost. The aim is to generate 50 percent of electricity from renewable energies by 2030.

SPPC announces release of the 6th tender round for solar and wind projects with 4,500 MW

With a view to the targeted expansion of renewable generation capacity, the Saudi Power Procurement Company (SPPC) recently announced the release of the 6th round of tenders for wind and solar projects with a total capacity of 4,500 MW. SPPC is responsible for the pre-development, tendering and subsequent purchase of the energy from these projects.

Specifically, the tendered projects are the 1,500 MW wind energy project Dawadmi Wind in the province of Riyadh as well as the four solar projects Najran Solar with a capacity of 1,400 MW in the province of Najran, the solar parks Samtah Solar in the province of Jizan and Ad Darb Solar in the province of Jizan with 600 MW each and the Sufun Solar project with 400 MW in the province of Hail.

Saudi government plans 100,000 to 130,000 MW of renewable power plant capacity by 2030

Since the launch of the Saudi renewable energy program, 21 projects with a total capacity of 19 GW (19,000 MW) have been awarded so far. Of the 21 projects, seven projects with a total capacity of 4.1 GW (4,100 MW) are connected to the grid, eight projects with a total capacity of 8.2 GW (8,200 MW) are under construction and six projects with a total capacity of 7 GW (7,000 MW) are in the financial close phase.

With a view to further expansion, the Kingdom of Saudi Arabia plans to tender new power plant projects for renewable energies with a total capacity of 20 GW every year until 2030. The aim is to achieve a renewable power plant capacity of between 100 and 130 GW (100,000 - 130,000 MW) by 2030, depending on the growth in electricity demand.



Source: IWR Online, 06 Oct 2024