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Kuwait shortlists bidders for solar plant: The Kuwait Authority for Partnership Projects (KAPP) has shortlisted several global utility developers for the 1.1 GW third phase of the Al Dibdibah Power and Al Shagaya Renewable Energy solar project in Jahra Governorate, Trade Arabia reports, picking up a company statement on X. The successful bidder will be responsible for the construction, financing, and operations of the project under a 30-year power purchase agreement with Kuwait’s Ministry of Electricity & Water & Renewable Energy.
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Five consortiums put their name in the hat: A consortium made up of KSA’s Acwa Power and Kuwait’s Alternative Energy Projects Company were shortlisted for the project, as well as UAE’s Masdar with Kuwait’s Fouad Alghanim & Sons, France’s EDF Renewables with Kuwait’s Al Sagar, China’s Jinko Power with Japan’s Jera, and France’s Total Energies Renewables with Vietnam’s Trungnam Group.
This has been in the works: KAPP invited developers to submit their bids for the project last January.
Advisors: Ernst & Young are acting as KAPP’s lead and financial advisor on the solar tender. DLA Piper serves as the government authority’s legal advisor and DNV is acting as the technical and environmental advisor for the project.
