Saudi Arabia asks for bids for solar, wind plants
Dubai
SAUDI Arabia is kicking off its US$50 billion renewable-energy push as the world's top crude exporter turns to solar and wind power to temper domestic oil use in meeting growing energy demand.
Bidders seeking to qualify to build 700 megawatts of wind and solar power plants should submit documents by March 20, and those selected will be announced by April 10, Saudi Arabia's energy ministry said Monday in an e-mailed statement.
TRENDING NOW
Oiltek, Marco Polo Marine, Nam Cheong, OKP – Singapore boutique fund bets big on SGX small caps
CDL, Hong Realty trump 3 other bidders with S$542.4 million offer at S$1,865 psf ppr for Peck Hay plot
‘I felt like dying’: Thai Singha beer scion speaks up after disclosure of alleged sexual abuse
SpaceX IPO raises US$75 billion in biggest debut of all time, firm valued at US$1.77 billion