- Press Releases
January 13 (Renewables Now) - Spanish solar tracker solutions provider PV Hardware, or PVH, has received an order to provide 387 MWp of bifacial solar trackers for the South Jeddah Noor PV project in Saudi Arabia.
The order strengthens PVH's position in the Kingdom where it recently opened a manufacturing site and raises the company's contracted capacity in the country to over 3 GW, PVH said on Wednesday. The solar park will be equipped with the Monoline 2V bifacial trackers that are designed to optimise energy production in the area and withstand the harsh conditions of the desert climate.
The 300-MW solar project located 50 km (31.07 mi) southeast of the city of Jedda on the Red Sea coast is currently under construction and is expected to go online in 2022. Saudi Arabia’s Ministry of Energy awarded the project to a consortium of Masdar, EDF Renewables and Nesma Company which offered the most cost-competitive bid of SAR 60.904 (USD 16.24/EUR 14.16) per MWh.
Saudi Power Procurement Company (SPPC) will procure the electricity from the solar park under a 25-year power purchase agreement (PPA).
(SAR 1.0 = USD 0.266/EUR 0.232)