https://arab.news/net5w
- All these projects are part of the Kingdom’s target to generate 27.3GW of renewable energy by 2024, and 58.7GW by 2030
RIYADH: To develop Saudi Arabia’s first hybrid concentrated solar power plant, also known as CSP, the renewable energy team at the energy ministry is expected to issue a request for qualifications for the contract by mid-May, Meed reports.
According to an industry source, the plant named Hinakiyah hybrid CSP/solar project will be developed as an independent power project or IPP.
Even though the final capacity of the plant is yet to be finalized, the project’s CSP component is expected to have a capacity of 350MW, according to Meed.
Earlier, the Saudi Arabian energy minister had awarded the contract to develop the 700MW Al-Rass solar PV IPP to a consortium comprising of ACWA Power, Huanghe Hydropower Development Company and Water & Electricity Holding Company.
All these projects are part of the Kingdom’s target to generate 27.3GW of renewable energy by 2024, and 58.7GW by 2030.