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November 11, 2019updated 15 Nov 2019 10:33am

Bidders await decision on 1.5GW Kuwait solar project

Sunset in Kuwait City.

By GlobalData Energy

Kuwait National Petroleum Company received bids for the 1.5GW Al-Dibdibah solar project in April

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In its new low greenhouse gas (GHG) emission strategy to 2050, submitted to the United Nations (UN), the Ministry of Energy Transition and Sustainable Development (MEM) of Morocco suggested to raise the share of renewable capacity in the country’s total power installed capacity mix to 80%.   Morocco currently aims to increase the share of renewables in total power capacity to 52% by 2030. The new strategy plans to increase the share of renewable capacity to 70% by 2040 and 80% by 2050.  GlobalData’s expert analysis delves into the current state and potential growth of the renewable energy market in Morocco. We cover: 
  • The 2020 target compared to what was achieved 
  • The 2030 target and current progress 
  • Energy strategy to 2050 
  • Green hydrogen 
  • Predictions for the way forward  
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Kuwait National Petroleum Company (KNPC) has yet to award the engineering, procurement and construction plus finance (EPC+F)) contract for the planned 1.5GW Al-Dibdibah solar project in Kuwait. “We understand internal discussions [at KNPC] on the project are ongoing… they are not [yet] talking or negotiating with any of the bidders as far as we know,” according to a source close to the project.

In April it was reported that KNPC received proposals for the solar project, with China’s Metallurgical Corporation submitting the lowest bid. The Chinese firm submitted a proposal of 11.2 fils a kilowatt-hour (fils/kWh), which was about 12 per cent lower than the 12.7 fils/kWh price submitted by a group containing the local Al-Mulla Group. A consortium containing China Communications Construction Company submitted the third-lowest bid of 13.507 fils/kWh.

Bidders and prices

  • Metallurgical Corporation of China: 11.2 fils/kWh
  • Al-Mulla Group (local): 12.7 fils/kWh
  • China Communications Construction Company: 13.507 fils/kWh
  • Gopco General Gulf Contracting: 13.8 fils/kWh
  • Maessa Telecommunications (Spain) / Ingenieria (Spain) / Alghanim International Trading & Contracting (local): 13.823 fils/kWh
  • Shanghai Electric (China) / China Triumph International Engineering: 14.506 fils/kWh
  • CCC (Lebanon) / Prodiel (Spain) / Orascom (Egypt) / TBEA (China): 17.1 fils/kWh

MEED This article is sourced from Power Technology sister publication www.meed.com, a leading source of high-value business intelligence and economic analysis about the Middle East and North Africa. To access more MEED content register for the 30-day Free Guest User Programme. 

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Delve into the renewable energy prospects for Morocco

In its new low greenhouse gas (GHG) emission strategy to 2050, submitted to the United Nations (UN), the Ministry of Energy Transition and Sustainable Development (MEM) of Morocco suggested to raise the share of renewable capacity in the country’s total power installed capacity mix to 80%.   Morocco currently aims to increase the share of renewables in total power capacity to 52% by 2030. The new strategy plans to increase the share of renewable capacity to 70% by 2040 and 80% by 2050.  GlobalData’s expert analysis delves into the current state and potential growth of the renewable energy market in Morocco. We cover: 
  • The 2020 target compared to what was achieved 
  • The 2030 target and current progress 
  • Energy strategy to 2050 
  • Green hydrogen 
  • Predictions for the way forward  
Download the full report to align your strategies for success and get ahead of the competition.   
by GlobalData
Enter your details here to receive your free Report.

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