Saudi Arabia's latest PV IPP tender, totaling 3.7 GW, is divided into four projects.

State Power Investment Corporation (SPIC) subsidiary Guodian Power, Masdar, and South Korea's KEPCO won the development rights for the largest 2 GW PV project. This may be the largest single IPP solar project developed by a Chinese enterprise in a Belt and Road country. The tariff is set at 1.29 cents per kWh.

The consortium of Yellow River Hydropower, a subsidiary of State Power Investment Corporation (SPIC), and EDF won two other projects, with capacities of 1 GW and 400 MW, respectively.

The fourth 300 MW project was awarded to the consortium of local Saudi company AI Jomaih and Total.

Source：https://mp.weixin.qq.com/s/h_5_s6rRuOqHg3e4Jo6hLg