Saudi Arabia launches massive solar power procurement program
- Saudi Arabia: Thursday, February 21 - 2013 at 16:32
- PRESS RELEASE
K.A.CARE has announced the launch of its Renewable Energy Competitive Procurement Portal and released a White Paper outlining how this vast procurement process will unfold.
The introductory procurement round will consist of five to seven projects with a combined capacity of up to 800 megawatts. The introductory round is part of Saudi Arabia's a colossal program to procure 41,000 gigawatts of solar power facilities by 2032.
"This is a very important milestone, both for Saudi Arabia and the Middle East solar market as a whole. ESIA will continue to work closely with KA-CARE to make sure this program becomes a resounding success and a benchmark for excellence." said Vahid Fotuhi, President of ESIA.
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