REPDO Announces Shortlisted IPPs for Round 2 Cat. A & B Project

Saudi's Renewable Energy Project Development Office (REPDO) announced yesterday the shortlisted bidders for Cat. A and Cat. B projects.  Only the project of Cat. B Al Faisaliah (600 MW) does not present the prices offered by bidders and the shortlisted bidders.  The announcement of this project is expected this month.  For Cat. A projects, the proposal leaded by Al Blagha Holding and Alfanar is shortlisted first in both projects Madinah (50 MW) and Rafha (20 MW) with Firstsolar second place, offering a LCOE 30-35% above.  In the larger project category, Jeddah (300 MW), Rabigh (300 MW) and Qurrayat (200 MW), the prices of the first shortlisted bidders are SAR 0.0609042, SAR 0.06381138 and SAR 0.06688 respectively.  These prices of energy are nearly 30% lower than Sakaka 300 MW awarded by REPDO in Round 1 two years ago.

Read more: Category A, Category B, Summary