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Masdar Consortium to Commence Work on 300MW Saudi Project albawaba.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from albawaba.com Daily Mail and Mail on Sunday newspapers.
Masdar consortium to start work on 300MW Saudi project
ABU DHABI, 4 hours, 18 minutes ago Abu Dhabi-based Masdar said its consortium with global renewable energy leader EDF Renewables, is set to start construction work on a 300-megawatt utility-scale photovoltaic (PV) solar power plant in Jeddah following its financial close with Nesma Company. The Renewable Energy Project Development Office (Repdo) of Saudi Arabia’s Ministry of Energy had awarded the consortium the Jeddah project, after it had submitted the most cost-competitive bid of SR60.9042 ($16.24) per megawatt hour. It also signed a 25-year power purchase agreement (PPA) with Saudi Power Procurement Company (SPPC) this January for the project.
Masdar-led consortium starts Saudi solar project construction gulftoday.ae - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from gulftoday.ae Daily Mail and Mail on Sunday newspapers.
Masdar-led consortium reaches financial close and starts construction on 300 MW solar project in Saudi Arabia gulfnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from gulfnews.com Daily Mail and Mail on Sunday newspapers.