Saudi Arabia unveils plan for 50-MW solar project

SEENEWS Renewables | IVAN Shumkov — Saudi Arabia’s King Abdulaziz City for Science and Technology (KACST) on Thursday signed pacts with two companies for a 50-MW solar project to be developed in the city of Saudi Aflaj. The memoranda of understanding (MoU) were signed with Saudi Electricity Company (SEC) and Saudi Company for Development and Technology Investment (TAQNIA), according to a statement published by the Saudi Press Agency. The project will be the first of its kind in the Kingdom of Saudi Arabia, the statement says. No further details were disclosed. At present, Saudi Arabia has less than 50 MW […]

By Derick Lila August 4, 20150

SEENEWS Renewables | IVAN Shumkov —
Saudi Arabia’s King Abdulaziz City for Science and Technology (KACST) on Thursday signed pacts with two companies for a 50-MW solar project to be developed in the city of Saudi Aflaj.

The memoranda of understanding (MoU) were signed with Saudi Electricity Company (SEC) and Saudi Company for Development and Technology Investment (TAQNIA), according to a statement published by the Saudi Press Agency.

The project will be the first of its kind in the Kingdom of Saudi Arabia, the statement says. No further details were disclosed.

At present, Saudi Arabia has less than 50 MW of solar power capacity, as indicated by data collected by Bloomberg New Energy Finance (BNEF). The Kingdom had plans to add 41 GW of solar capacity by 2032 as part of a USD-109-billion (EUR 99.5bn) project, which however was delayed until at least 2040, a government official said in January.

Derick Lila

Derick is a Clark University graduate—and Fulbright alumni with a Master's Degree in Environmental Science, and Policy. He has over a decade of solar industry research, marketing, and content strategy experience.