China-KSA consortium earmarks USD 972 mn for a new 2 GW solar power plant
The 2 GW power plant could take 31 months to complete
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The 2 GW power plant could take 31 months to complete
PLUS: Progress on Saudi-Egypt electricity interconnection project
The cash component of the agreement is valued at SAR 496.5 mn
Plus: Last week’s renewable energy component manufacturing pacts with China are worth about USD 3 bn
The transaction is worth SAR 596 mn
The Kingdom is seeking the localization of the production of 75% of renewable energy components by 2030
Plus: Cenomi Centers shareholders approve 1Q dividend payout
Acwa Power also received a commercial operation certificate for its 200-MW Kom Ombo solar plant
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