The consortium led by TotalEnergies has received funding for the 119 MW project, which it won in the 2021-22 tender organized by the Saudi Arabian authorities. It is located in Wadi Al Dawasir.
The group signed a 25-year power purchase agreement (PPA) for the project with Riyadh-based Saudi Power Procurement Co in an auction held in 2021-2022. It offered a levelized energy price of SAR0.0700059 ($0.0186920)/kWh. . The plant has a capacity of 119 MW and will be located in Wadi Al Dawasir, Dawasir Valley.
Construction is expected to begin in early 2025. Chinese engineering group Sepco has been contracted to build the plant.
printed edition of pv magazine
In the latest issue pv magazine we turn the spotlight on Europe’s solar energy by conducting a comprehensive review of the state of the solar industry in the region’s most important markets and examining legislation aimed at driving the roof solar boom. We also explore the difficulty of establishing a solar panel recycling industry in Australia, where the industry background is unhelpful.