King Abdullah City for Atomic and Renewable Energy (K.A.CARE) has said that it has launched the Renewable Energy Competitive Procurement Portal.
This announcement marks the launch of a registration process for
interested companies to submit feedback and obtain important information
in connection with the Renewable Energy Program. Crucially, it paves
the way towards the launch of the introductory procurement round.
The introductory procurement round will consist of five to seven
projects with a combined capacity of up to 800 megawatts. The
introductory round is part of Saudi Arabia’s a colossal program to
procure 41,000 gigawatts of solar power facilities by 2032.
“This is a very important milestone, both for Saudi Arabia and the
Middle East solar market as a whole. ESIA will continue to work closely
with KA-CARE to make sure this program becomes a resounding success and a
benchmark for excellence.” said Vahid Fotuhi, President of ESIA.
Click here for the Renewable Energy Competitive Procurement Portal.
Click here for Downloading the White Paper Describing the Procedures.
