Madinah Solar PV Park is a 50MW solar PV power project. It is planned in Al Madinah, Saudi Arabia. The project is currently in permitting stage. It will be developed in single phase. Post completion of the construction, the project is expected to get commissioned in 2022.
| Project Type | Total Capacity (MW) | Active Capacity (MW) | Pipeline Capacity (MW) | Project Status | Project Location | Project Developer | Solar PV | 50 | – | 50 | Permitting | Al Madinah, Saudi Arabia | Desert Technologies |
|---|
Description
The project is being developed and currently owned by Desert Technologies.
Madinah Solar PV Park is a ground-mounted solar project.
The project cost is expected to be around $36.6m.
Development Status
Post completion of the construction, the project is expected to get commissioned in 2022.
Power Purchase Agreement
The power generated from the project will be sold to Saudi Power Procurement under a power purchase agreement for a period of 25 years from 2023. The offtake capacity is expected to be 50MW.
About Desert Technologies
Desert Technologies (DT) manufactures and installs solar products and develops solar energy projects. The company operates through DT Labs, DT Energy and DT Services divisions. It produces and supplies PV (Photovoltaic) modules, energy storage systems, solar street light and other solar products through DT Labs segment. DT’s energy division finances, develops, builds, owns and operates utility-scale solar projects; and services division provides PV installation; EV (Electric Vehicles) infrastructure; water treatment; and rural electrification services including operation and maintenance, engineering, procurement, and construction. The company serves industrial, commercial, and government clients in power, water and transport sectors. It operates offices in Egypt, Jordan and Italy. DT is headquartered in Jeddah, Makkah, Saudi Arabia.
Methodology
All power projects included in this report are drawn from GlobalData’s Power Intelligence Center. The information regarding the project parameters is sourced through secondary information sources such as electric utilities, equipment manufacturers, developers, project proponent’s – news, deals and financial reporting, regulatory body, associations, government planning reports and publications. Wherever needed the information is further validated through primary from various stakeholders across the power value chain and professionals from leading players within the power sector.
