Saudi Arabia receives four bids for its first state wind-power project
Dubai — Saudi Arabia received four bids for the first wind-power project tendered under a state programme to attract international companies, without disclosing information about the offers. The bidders for the 400MW project are ACWA Power, the renewable energy units of European utilities Électricité de France and Enel, and Engie’s International Power, according to an e-mailed notice on Tuesday from the kingdom’s energy ministry’s renewable energy project development office. Saudi Arabia plans to roughly triple its capacity to generate electricity from renewable energy as part of a plan to ease dependence on finite fossil fuels. The energy ministry delayed a ceremony planned for Tuesday to open the bid envelopes, according to the notice, saying it will announce a new date for the ceremony and that the bids will remain sealed until then. The ministry did not say why it delayed the ceremony. Saudi Arabia, the world’s biggest oil exporter, plans to develop 9.5GW of renewable energy by ...
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