2024-10-04 06:20:00
SAUDI'S SOLAR 4.5 GW
ENERDATA - 26 September 2024 - The Saudi Power Procurement Company (SPPC) has launched a tender to procure 4.5 GW of solar and wind energy projects across Saudi Arabia. SPPC has issued a request for a qualification (RfQ) for the sixth round of the country’s National Renewable Energy Programme (NREP), which includes four solar and one wind energy projects.
The tendered projects include the 1.5 GW Dawadmi wind project, the 1.4 GW Najran solar PV project, the 600 MW Samtha solar project, the 600 MW Ad Darb solar project and the 400 MW As Sufun solar project.
Under the NREP, Saudi Arabia aims to boost the share of renewable energy in its power mix to 50% by the end of this decade. In June 2024, the Saudi Ministry of Energy announced the launch of annual tenders for new renewable energy projects with total capacity of 20 GW, to eventually reach between 100 and 130 GW of renewable energy capacity by 2030.
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Earlier:
2024, September, 9, 06:55:00
OPEC+ PRODUCTION CUTS
In recognition of this strengthened resolve and renewed firm commitment, the eight participating countries have agreed to extend their additional voluntary production cuts of 2.2 million barrels per day for two months until the end of November 2024,
2024, September, 3, 06:40:00
OPEC+ PRODUCTION CAN RISE
Led by Saudi Arabia and Russia, the Organization of Petroleum Exporting Countries and its allies are due to add 180,000 barrels a day as they gradually restore output that’s been halted since 2022.
2024, August, 6, 06:55:00
OPEC+RUSSIA: HIGH CONFORMITY
The Joint Ministerial Monitoring Committee (JMMC) reviewed the crude oil production data for the months of May and June 2024 and noted the high overall conformity for participating OPEC and non-OPEC countries of the Declaration of Cooperation (DoC).
2024, July, 3, 06:35:00
SAUDI'S GAS EXPANSION $25 BLN
Saudi Arabia has some of the biggest gas reserves in the world. Development of the Jafurah field, estimated to hold 200 trillion cubic feet of gas, is expected to cost $100 billion and boost the firm’s gas production more than 60% by 2030.
2024, May, 7, 06:55:00
SAUDI'S OIL PRICES UP
Differentials for the flagship Arab Light grade were priced at Platts Dubai/DME Oman +$2.90 per barrel, up from +$2 a barrel in April.
2024, April, 23, 06:55:00
SAUDI'S CRUDE PRODUCTION UP
The data indicated that the Kingdom’s crude exports rose to 6.32 million bpd, reflecting a monthly increase of 0.32 percent.
2023, December, 6, 06:20:00
SAUDI ARABIAN CLEAN ENERGY
“Right now, we have 22.8 GW of renewable energy projects under different stages of development; 2.8 GW will be operational before the end of the year,” Muneef Al-Muneef, general director of renewable energy policies at the Saudi Ministry of Energy.
