A Chinese state-backed consortium has won a $972 million engineering, procurement and construction (EPC) contract to build a two-gigawatt (GW) solar project near Mecca in Saudi Arabia.
Where will a solar power plant be developed in Saudi Arabia?
The solar facility will be developed in Riyadh Province. Credit: Antonio Garcia / Unsplash. The renewable energy branch of Larsen and Toubro's (L&T) Power Transmission and Distribution business has secured an engineering, procurement and construction (EPC) contract for a solar photovoltaic (PV) plant in Saudi Arabia.
Will Saudi Arabia tender a 2GW solar PV project in 2023?
In December 2023, Saudi Arabia announced that from 2024 onwards, it will tender 20GW of renewable energy projects to reach a total installed capacity of 130GW by 2030. A consortium led by the China Energy Engineering Corporation (CEEC) has signed an EPC contract for the 2GW Haden PV project in Saudi Arabia.
What are the major solar projects in Saudi Arabia?
Key projects include the King Abdullah Petroleum Studies and Research Center 's solar endeavor and Saudi Aramco 's PV carport system. In addition, ACWA Power has recently completed the Al Shuaibah solar projects, which are expected to supply approximately 2.6 GW of solar electricity to the country.
Will Saudi Arabia and China cooperate on nuclear energy projects?
In August 2017, Saudi Arabia and China agreed to cooperate on nuclear energy projects to support the Kingdom's nuclear energy program. At that time, CNNC signed an MoU with the Saudi Geological Survey (SGS) to pursue further cooperation to explore and assess uranium and thorium resources.
Saudi Arabia's vast and arid regions are considered a great hub for solar potential. Rich in sunlight and gas, the Kingdom is moving toward diversifying its domestic power supply, and companies such as Saudi Aramco have been using PV panels as a renewable energy source since the 1980s.
Will Saudi Arabia expand its energy ties with China in 2022?
If hydrogen is the answer, you're... Saudi Arabia continues to expand its energy ties with China in 2022. Saudi Aramco, is looking at several further opportunities to expand its downstream dealings with China.