EDITOR: | June 12th, 2013

Kuwait opens bids for 70 MW solar energy project

| June 12, 2013 | No Comments

June 12, 2013 (Source: PennEnergy) — Kuwait has opened bids June for companies interested in building a 70 megawatt solar power farm by 2016, according to the Agence France-Presse. The country hopes the  project will help it reach its goal of generating 2,000 MW from renewable energy in 2030.

The second phase and third phase of the project are expected to produce 930 MW and 1,000 MW, respectively. The solar farm is planned to be completed in 2030. There were 37 companies pre-qualified to bid for the project, Salem al-Hajraf, head of energy research at the Kuwait Institute for Scientific Research, told the source.

Solar thermal sources will produce 50 MW while photovoltaic and wind power sources will each produce 10 MW, the Agence France-Presse reported. The project will be built on a 39-square-mile area in Shagaya, a desert zone 62 miles west of Kuwait City and near the country’s borders with Iraq and Saudi Arabia.

Kuwait’s target is for renewable energy sources to contribute as much as 15 percent of its total power production, the article stated. Currently, Kuwait uses 126 million barrels of oil a year for electricity production of about 14,000 MW.

According to the article, the project will produce enough electricity to power 100,000 homes and save Kuwait 12.5 million barrels of oil per year.



InvestorIntel is a trusted source of reliable information at the forefront of emerging markets that brings investment opportunities to discerning investors.

Copyright © 2018 InvestorIntel Corp. All rights reserved. More & Disclaimer »

Leave a Reply

Your email address will not be published. Required fields are marked *