Saudi Arabia turns to solar and wind energy

COMPANIES from France and Japan were among 51 firms shortlisted yesterday to bid for solar and wind energy projects in Saudi Arabia, the world’s biggest oil exporter.

Virtually all of the kingdom’s domestic power comes from crude, refined oil or natural gas.

But as part of an economic reform plan to wean the kingdom off oil, the government has set a target of 9.5GW of renewable energy by 2023.

It invited local and international firms to try to qualify for bidding on two projects, a 300MW solar facility, and a 400MW wind power development.

The energy ministry said it received 128 applications, from which it chose 27 firms to bid on the sun power project and 24 for the wind farm.

Most were foreign companies, including EDF Energies Nouvelles, a subsidiary of the French public energy company, and Marubeni Corp, of Japan.

Other qualifiers came from Canada and South Korea, while Saudi Arabia’s ACWA Power also met the “clear set of criteria that ensures bidders are both experienced and capable of delivering utility scale renewable energy projects”, the ministry said.

The response showed confidence in our vast renewable energy potential, Energy Minister Khaled al-Falih said.

Qualified firms have until July to present their formal proposals.