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EDF, Masdar team break ground on 300MW Saudi solar

A consortium of Masdar, EDF Renewables and Nesma Company has reached financial close and started construction on a 300MW solar farm in Saudi Arabia.
The plant, located near Jeddah, secured the project from Saudi Arabia’s Ministry of Energy after submitting the most cost-competitive bid of $16.24 a megawatt-hour, EDF said.
The consortium signed a 25-year Power Purchase Agreement (PPA) with Saudi Power Procurement Company in January.
Under the terms of the PPA, the consortium design, finance, build and operate the plant, which will be located in Third Jeddah Industrial City, 50km south-east of Jeddah.
The plant will begin operations in 2022. ....

Saudi Arabia , Dumat Al Jandal , Al Jawf , Mohamed Jameel Al Ramahi , Faisal Al Turki , Bruno Bensasson , Saudi Arabia Ministry Of Energy , Nesma Company , National Renewable Energy Program , Power Purchase Agreement , Saudi Power Procurement Company , Third Jeddah Industrial City , சவுதி அரேபியா , ஃபேஸல் அல் துர்கி , சவுதி அரேபியா அமைச்சகம் ஆஃப் ஆற்றல் , தேசிய புதுப்பிக்கத்தக்க ஆற்றல் ப்ரோக்ர்யாம் , சவுதி பவர் ப்ரொக்யூர்மெஂட் நிறுவனம் ,

Abu Dhabi's Masdar consortium to start work on 300MW Saudi project

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Masdar Consortium to Commence Work on 300MW Saudi Project

Masdar Consortium to Commence Work on 300MW Saudi Project
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Masdar consortium to start work on 300MW Saudi project

Masdar consortium to start work on 300MW Saudi project
ABU DHABI, 4 hours, 18 minutes
ago
Abu Dhabi-based Masdar said its consortium with global renewable energy leader EDF Renewables, is set to start construction work on a 300-megawatt utility-scale photovoltaic (PV) solar power plant in Jeddah following its financial close with Nesma Company.

The Renewable Energy Project Development Office (Repdo) of Saudi Arabia’s Ministry of Energy had awarded the consortium the Jeddah project, after it had submitted the most cost-competitive bid of SR60.9042 ($16.24) per megawatt hour.

It also signed a 25-year power purchase agreement (PPA) with Saudi Power Procurement Company (SPPC) this January for the project. ....

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Masdar-led consortium starts Saudi solar project construction

Masdar-led consortium starts Saudi solar project construction
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