The Indian multinational will build the plant on an engineering, procurement and construction basis for the consortium of UAE-based renewable energy developer Masdar, France’s power utility EDF Renewables and Saudi Arabian company Nesma.
The 1.5 GW Sudair Project is Saudi Arabia’s largest solar plant with power purchase agreement signed. It is also one of the world’s largest PV plants.
The record low price was offered for the 600 MW Al Shuaiba PV IP project, which competed in the second round of the country’s procurement scheme for renewable energies.
The Coimbatore-based startup has designed an autonomous solar panel cleaning bot with a modular design, making it compatible with almost any structure, mounting area, or climatic condition.
India’s solar tariffs—whilst some of the lowest in the world—are almost double the Gulf region’s US¢1.35-1.80/kWh.
The grid-connected solar project shall come up at a reservoir of NTPC’s Auraiya Gas Power Plant in Uttar Pradesh. It is to be developed under Open category, allowing use of solar cells and modules of any origin.
The Mumbai-based solar EPC solutions provider has to its credit 9.2 GWp of solar power projects (commissioned and under construction) globally, including 3.05 GWp in the MENA region.
Researchers from Saudi Arabia’s King Abdullah University of Science and Technology have created flexible solar cells made of crystalline silicon. They claim to have stretched a crystalline silicon cell’s surface by around 95% while maintaining conversion efficiency of around 19%.
Project development and value chain localization are the focus areas for cooperation between the two countries.
The clean tech company will use the amount to fund its expansion as it plans to reach 5 GW of solar capacity in the next two or three years.
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