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Kuwait plans tender for $1.2b solar project in 2018

Country plans to produce 15% of power from renewable energy by 2030

Gulf News

Kuwait: Kuwait will issue a tender to build the estimated $1.2 billion (Dh4.4 billion) Dibdibah solar-power plant in the first quarter of 2018 as part of the country’s plans to produce 15 per cent of power from renewable energy by 2030.

Opec’s fifth-biggest oil producer set a September 7 deadline for companies to express interest in the 1 gigawatt project, Shukri Abdul Aziz Al Mahrous, deputy chief executive officer of planning and finance at Kuwait National Petroleum Co, said in an interview at the company’s headquarters south of Kuwait City. The cost will be about $1.2 billion, he said. Dibdibah will produce half of the country’s planned renewable energy output, he said.