by Utilities Middle East staff
Jan 22, 2020
Saudi Arabia On Course To Become Renewable Energy Leader –Report
Saudi Arabia’s growing PV market continues to gain momentum, said MESIA, which highlighted the 300 MW Sakaka PV plant – the kingdom’s biggest to date
Saudi Arabia is on course to become a regional leader in the race to take up renewable energy, according to a new study.
According to the Solar Outlook Report 2020, prepared by Middle East Solar Industry Association (MESIA), Saudi Arabia and Oman have joined the UAE, Morocco and Egypt as leaders in the renewables race.
“Saudi Arabia is now in the third year of implementation of its massive target of 60 gigawatts (GW) of renewable energy generation by 2030,” it said.
Saudi Arabia’s growing PV market continues to gain momentum, said MESIA, which highlighted the 300 MW Sakaka PV plant – the kingdom’s biggest to date.
The regional body also noted the Renewable Energy Project Development Office had asked 60 pre-qualified companies to submit bids for “six solar energy schemes with a combined capacity of 1.5 GW” late last year, in addition to six projects the authorities started tendering this month.
However, while the country remains one of the most promising regional PV markets, the Saudi authorities still need to tackle key challenges, MESIA sa