Preferred bidder selected for Red Sea PPP megaproject in Saudi Arabia
The Red Sea Development Company (TRSDC) has selected the Acwa Power/China Energy consortium as the preferred bidder for the first phase if the Red Sea Development project.
The winning consortium beat the other bid led by Engie, Masdar, Power China, both submitting their offer on August 31.
The project package to be developed under PPP basis, will provide utility services including: renewables energy and storage, desalination, sewage and waste, and district cooling and other infrastructure and facilities. This utilities will be integrated in to the Red Sea Project, a sustainability-based high-end tourism megaproject being developed under Saudi’s Vision 2030.
Under this first phase of the Red Sea PPP, to be launched in 2022, power generation capacity will be needed to meet a maximum demand of 197MW. The first phase is expected to generate power from solar photovoltaic (PV), wind energy, energy storage batteries and emergency biofuel power.
For water production, two seawater reverse osmosis (SWRO) plants with a capacity of 30,000 cubic meters per day will be developed. The demand will be divided between drinking water, 21,000 cm/d, and the irrigation supplement, 9,000 cm/d.
The first phase of the development will include 14 luxury hotels offering 3,000 rooms on five islands and two inland locations. It will also include entertainment facilities, an airport and the necessary support logistics.
Country news
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July 25, 2019
Financial Close for the first wind park in Saudi Arabia
Financial close has been reached for Saudi Arabia’s 400 MW Dumat Al Jandal wind park in the Al Jouf region of Saudi Arabia that is being developed by a consortium of French renewable energy firm EDF Renewables and Abu Dhabi Future Energy Company (Masdar) at a cost of US$500 million.
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January 14, 2019
EDF-Masdar consortium wins tender for 400 MW wind project in Saudi Arabia
The consortium consisting of EDF Renewables and Masdar (Abu Dhabi Future Energy Company PJSC) has announced that it has won the tender for the Dumat Al Jandal wind farm. With an installed capacity of 400 MW, it will be Saudi Arabia’s first wind farm and the largest in the Middle East.
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November 19, 2018
Financial close for Saudi Arabia's first utility scale renewable energy project
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MoU signed for development of 200 GW solar power in Saudi Arabia by 2030
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March 20, 2018
Saudi Arabia launches tender process for 3000 MW IWPP
The Water & Electricity Company (WEC) of Saudi Arabia has published a Request for Expressions of Interest for the Jubail Phase 3 Independent Water & Power Project, to be located on the Arabian Gulf Coast, approximately 18km south of the Jubail Industrial City, adjacent to the existing plant units (Jubail Phase 1, Jubail Phase 2 and Jubail RO plants), in the Eastern Province of the Kingdom of Saudi Arabia.
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