Saudi Arabia’s Renewable Energy Project Development Office (Repdo) could issue the request for prequalification (RFQ) for its second planned wind independent power project (IPP) in the second half of the year.
Vast wealth and the promise of dramatic change make for cautious optimism concerning Saudi Arabia, the chief executive…116 Views | the publication reaches you by | Saudi Arabia Today
Sources familiar with the scheme tell MEED Repdo and its consultants are still discussing the final capacity of the Yanbu wind scheme.
The planned Yanbu wind IPP with a capacity of 850MW was initially included in the third round of the National Renewable Energy Programme (NREP).
However, the project was excluded when Repdo issued an RFQ for the third round earlier this year.
Repdo tendered and awarded the first wind project, the 400MW Dumat al-Jandal IPP, under the first round.
Repdo expects to receive proposals for the category B and category A projects under NREP’s round three on 23 September and 7 October respectively.
The four projects under the third round are:
In 2019, Riyadh ramped up its clean energy goal to target 27.3GW by 2024 and 58.7GW by 2030, superseding the previous 9.5GW by 2023 target.
Repdo will oversee the development of 30% of this ambitious target through competitive tendering.
The Public Investment Fund (PIF) is expected to appoint developers through direct negotiations for the remaining 70%.
The project for the design, engineering and procurement of the new 400,000m3/day Jubail II seawater reverse osmosis (SWRO)…213 Views | the publication reaches you by | Saudi Arabia Today
Do you have information you want to reach our readers?