Madinah 50 MW PV
Madinah 50 MW PV - a Solar Independent Power Producer in Saudi Arabia. Capacity 50 MW. Winning consortium: Al Blagha + Alfanar + Desert Tech. LCOE: USD $0.0194/kWh. Status: Operational.
- Country
- Saudi Arabia
- Procurer
- REPDO
- City / region
- Madinah
- Capacity
- 50 MW
- Status
- Operational
- LCOE
- USD $0.0194/kWh
Winning consortium
Al Blagha + Alfanar + Desert Tech
Procurement timeline
- RFP: Jul 2019
- Bid submission: Mar 2020
- Preferred bidder: 2020
- Commercial close: 2021
- Financial close: 2021
- PCOD: 2022
Prequalified bidders
2 shortlisted
- Al Blagha + Alfanar + Desert Tech
- First Solar
Runner-up bidders & tariffs
- First Solar - USD $0.0293/kWh
Financing
- Capex: USD 45 M
Technical scope
Process: Bifacial mono-PERC
Cat-A local-developer carve-out
Notes
R2 Cat-A.
EPC contractor: Alfanar + Desert Tech
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.