Investments in Sakaka solar plant up to SAR 1.2bn

Riyadh – Mubasher: The Sakaka solar project is part of the Saudi National Renewable Energy programme, said Mohammad Abunayyan, the Chairman of ACWA Power.

The investment cost of the 300-megawatt project nears SAR 1.2 billion, Abunayyan was quoted as saying by the Saudi Press Agency (SPA).

Last year, ACWA Power won the Skaka photovoltaic (PV) solar project, the first utility-scale renewable energy plant in Saudi Arabia.

The project is part of the kingdom’s strategy to boost renewable energy production to 9.5 gigawatts (GW) by 2023.

 

Mubasher Contribution Time: 14-Nov-2019 09:46 (GMT)
Mubasher Last Update Time: 14-Nov-2019 09:46 (GMT)