Al Kharsaah PV
Al Kharsaah PV - a Solar Independent Power Producer in Qatar. Capacity 800 MW. Winning consortium: Siraj Energy + TotalEnergies + Marubeni. LCOE: USD $0.0157/kWh. Status: Operational.
- Country
- Qatar
- Procurer
- Kahramaa
- City / region
- Al Kharsaah (80km W of Doha)
- Capacity
- 800 MW
- Status
- Operational
- LCOE
- USD $0.0157/kWh
Winning consortium
Siraj Energy + TotalEnergies + Marubeni - equity: Siraj 60% (QatarEnergy+QEWC JV) / TotalEnergies 19.6% / Marubeni 20.4%
Procurement timeline
- RFQ: 2019
- RFP: 2019
- Bid submission: Jan 2020
- Preferred bidder: Jan 2020
- Commercial close: 2020
- Financial close: Jul 2020
- PCOD: Oct 2022
Financing
- Capex: USD 467 M
- Debt: USD 330 M
- Lenders: JBIC USD 165M + Mizuho USD 165M
Technical scope
Process: 2 x 400 MWp bifacial + trackers; ~2M modules across 1000 ha
World-record tariff at 2020 bid (1.57c/kWh). ~10% of Qatar peak demand
Notes
Qatar's first utility-scale solar IPP.
EPC contractor: PowerChina Guizhou
Sources
Open the full Solar IPP benchmark →Part of the GulfInfra · GCC Infrastructure Library - a free open-source benchmark of 136 public-private partnership procurements across the GCC. Methodology: how we build this.