Saudi Arabia:

Saudi Arabia Invites Companies to Bid for Colossal Renewables Contracts (Business Green)

One GWe is slated to come from geothermal power

(Courtesy CIA.gov)

Green businesses have welcomed the official launch of Saudi Arabia's massive renewable energy procurement program, which could see 54 GWe of new capacity added to the grid by 2032.

The government-backed K.A. CARE (King Abdullah City for Atomic and Renewable Energy) yesterday unveiled a white paper detailing the tender processes for new solar PV and solar thermal power plants, wind farms, geothermal facilities and waste-to-energy plants.

The rounds form part of Saudi Arabia's colossal program to procure 54 GWe of new renewable energy capacity by 2032, which would see the oil-rich kingdom become one of the largest green energy generators in the world.

Under the new plans, the vast majority of new green capacity will be solar – 16 GWe of which come from photovoltaic cells and 35 GWe from concentrated solar thermal. A further 9 GWe will come from wind power, 3 GWe will be provided by waste-to-energy, and 1 GWe will come from geothermal power.

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