Overview of Saudi Arabia's Renewable Energy Program 2030

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Report Name : Overview of Saudi Arabia's Renewable Energy Program 2030

Reporter/Writer : REPDO

Year : Jan.9th, 2019

Venue : KSA

Conference : 4th CSP Focus MENA 2019 (Jun.26-27 Dubai)

Outline

Saudi Arabia significantly increased its renewable energy targets and long term visibility
MEIM and PIF are working on complemenrary tracks to promote localization of manufacturing
5 wind and 3 solar segments can potentially be localized in the short to medium term in KSA
Projects will be deployed in 35+ parks spead across the Kingdom
Parks are being pre-developed to boost projects bankability and expedite execution
By end of 2019, ~13 GW will be pre-developed
12 pre-developed projects will be tendered during 2019 with a capacity of ~3.1 GW
These activities enabled the Sakaka tender to break the world record on October 2nd, 2017
Dumat Al Jandal also broke the EMEA record for onshore wind tenders on July 23rd, 2018
Dumat Al Jandal winning consortium

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