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Saudi Arabia: Public Investment Fund (PIF) reaches major milestone in landmark Solar PV project


Saudi Arabia: Public Investment Fund (PIF) reaches major milestone in landmark Solar PV project
12 Apr 2021
Sudair Solar PV project is set to become one of the world’s largest Solar PV plants by capacity and Saudi Arabia’s largest. The project is considered a key achievement towards PIF’s commitment to develop 70% of Saudi Arabia’s renewable energy by 2030
With an investment value of approximately SAR 3.4 billion
and 1,500MW, Sudair Solar PV project
will be capable of powering 185,000 homes and offsetting nearly 2.9 million tons of emissions per year
ACWA Power – in which PIF holds a 50% stake – leads the consortium to develop the project alongside PIF portfolio company ....

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L&T Construction secures (Major) Green EPC Order to establish one of the World's Largest Solar PV Plants by Capacity


States » EastPosted at: Apr 10 2021 10:03AM
L&T Construction secures (Major) Green EPC Order to establish one of the World’s Largest Solar PV Plants by Capacity
Kolkata, Apr 10 (UNI) The Renewables arm of Larsen & Toubro’s Power Transmission & Distribution Business has secured a turnkey EPC Contract, from the consortium of ACWA Power and the Water and Electricity Holding Company (a subsidiary of the Public Investments Fund of Saudi Arabia (PIF)), for Sudair Solar PV Project of 1.5GW capacity.
This project is considered the largest Solar Plant in Saudi Arabia with PPA signed. It is also one of the largest such plants in the world. ....

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L&T wins EPC contract for Acwa's 1.5GW Saudi solar project


L&T wins EPC contract for Acwa s 1.5GW Saudi solar project
RIYADH, 6 hours, 39 minutes
ago
India s top engineering and construction conglomerate Larsen & Toubro (L&T) said its renewables arm has secured a turnkey engineering, procurement and construction (EPC) contract for Sudair Solar PV Project with a 1.5GW capacity. 
 
The contract was awarded by a consortium of Acwa Power and the Water and Electricity Holding Company - a subsidiary of the Public Investments Fund of Saudi Arabia (PIF) - to L&T Power Transmission & Distribution Business.
 
Coming up in Riyadh Province over a 30.8 sq km area, the Sudair Solar PV project is said to be the largest solar plant in the kingdom. ....

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