Solar Photovoltaic Power Generation Winning Bid

Why are solar photovoltaic (PV) tenders becoming more popular?

Protecting the environment and developing the green economy is becoming a focus for businesses and property owners as well as utilities and governments. This is driving an increase in the number of solar photovoltaic (PV) tenders being issued to award contracts for project construction and maintenance.

How many mw was awarded in a solar-plus-storage tender?

As usual, the solar tender was significantly oversubscribed, luring 98 proposals of 493 MW in total, against a target of 100 MW. The awarded capacity was 100.55 MW, coming from 18 projects. The bid price ranged between EUR 0.0355/kWh and EUR 0.0521/kWh. January 2020, 609 MW awarded in 2nd solar-plus-storage tender.

Why should you use ratedpower solar design tool?

Accurate, detailed modeling and advanced design tools will help your bid stand out from the crowd. Working with RatedPower, solar design tool, will help you to improve the design and optimization of solar plants (that are >1MW) and submit winning bids for solar tenders.

What is a solar & wind procurement exercise?

The procurement exercise will be the country’s second attempt to support large-scale solar and wind under the current auction scheme that plans to assign 2.26GW of renewable energy capacity to drive renewable growth in the power mix.

Will Riyadh build a solar park?

The company, though, noted that no contracts have been signed yet. The solar park is planned to be built in the desert area of Saad, about 85 km east of Riyadh, over a period of 24 months. There, it is expected to generate some 876 million kWh of electricity per year.