Saudi Arabia issues REQ for 400MW wind power project

Energy and industry ministry offices released a statement on receiving bids for the "Dumat al-Jandal" energy project in Al-Jawf province, expected to let out an average of 400 megawatts (MW) of electricity produced by wind turbines.

REPDO announced that the RFQ for the Dumat Al Jandal project will close on 10 August 2017, and the qualified companies will proceed to the next stage of request for proposals (RFP), which is due to launch on 29 August 2017 and close in January 2018.

Saudi Arabia, the world's biggest exporter of crude oil, moved a step closer toward the construction of its first utility-scale wind power project.

Saudi Arabia Minister of Energy, Industry and Mineral Resources Khalid Al-Falih said: "The National Renewable Energy Program is a long, and systematic path to energy and economic diversification for Saudi Arabia, and a cornerstone of the Ministry's contribution to Vision 2030". Plans are to have a tenth of the Kingdom's power generated by renewable energy sources by 2023.

"As we enter the second half of 2017, we remain committed to ensuring our ambitious program remains on track to deliver the value and opportunities targeted by the program". It will also help the kingdom boost local manufacturing and create jobs.

Saudi Arabia aims to generate 9.5 gigawatts (GW) of electricity from renewable energy annually by 2023 involving 60 projects. The shift from fossil fuels to renewables will cost some US$50 billion, to be distributed over the next decade. Of the 51 eligible companies, 24 were approved as bidders for the 400-MW wind power plant, and the rest were approved for solar power projects.

The 620 MW Shehri said will not be one site.

Like this



11 April 2018
England All-rounder David Willey Replaces Kedar Jadhav
He has two centuries and seven half centuries to his name, which have come while playing in various T20 leagues across the world. With an experience of more than 140 T20 matches, David will prove out to be the Trump Card of Chennai Super Kings this season.

27 March 2018
The Growth of Online Gaming and Betting Companies
Even though brick and mortar casinos make offers to gamblers, they do not come anywhere close to what is offered on the wide web. Alternatively, they can be used to learn about the game and the features it comes with as well as the strategies that work best.

18 July 2017
Parametric Portfolio Associates LLC Raises Stake in Kindred Healthcare, Inc. (NYSE:KND)
Additionally Kindred Healthcare, Inc. declared a dividend for shareholders which was paid on Friday March 31st, 2017. (NYSE:KND). Kindred Healthcare Inc. had 22 analyst reports since September 2, 2015 according to SRatingsIntel. (NYSE:KND) for 1,316 shares.

18 July 2017
Disciplinary board investigates Kansas election official
Kobach also misled a federal court and was fined by a US magistrate judge for deceptive conduct, the complaint says. Kobach's spokeswoman, Samantha Poetter , said in an email Monday that they are reviewing it and have no comment.

18 July 2017
Dad: Lonzo Ball wearing different shoes is a statement to brands
Industry sources indicate that a deal for Ball from the traditional companies originally fell in the $1.5 million a year range. But some insiders in the shoe industry thought it was odd that Lonzo was wearing other brands so soon.

18 July 2017
White House names special counsel over Russia probe response
The payment was for "legal consulting" and could be unrelated to Trump Jr. or the Russian Federation investigation. The campaign also paid $89,561 for "legal consulting" to The Trump Corporation, which is owned by the president.

18 July 2017
Session Recap: Viewing Unusual Volume for Vantiv, Inc. (NYSE:VNTV)
The fund owned 126,298 shares of the business services provider's stock after buying an additional 300 shares during the period. Twelve research analysts have rated the stock with a hold rating and twelve have given a buy rating to the company's stock.

18 July 2017
Ed Sheeran just made his debut on Game of Thrones
He also shared a short video in which super-producer Benny Blanco watches the show and gives his three-word review. While the appearance has split opinion, the song the character sings has an extra meaning for books readers.

18 July 2017
Trump's approval rating at 70-year low
President Donald Trump at a joint news conference with French President Emmanuel Macron at the Elysée Palace in Paris on July 13. The poll also found his six-month approval rating is the lowest of any president over the past 70 years .

18 July 2017
Amalgamated Bank Reduces Position in Western Alliance Bancorporation (WAL)
Ameriprise Financial holds 543,322 shares or 0.01% of its portfolio. 16,646 were reported by Ngam Advsrs Limited Partnership. Frontier Cap Mngmt Co Limited Liability Company invested 0.34% of its portfolio in WSFS Financial Corporation (NASDAQ:WSFS).