Masdar

Plans to issue a request for proposals related to the contracts to develop twin 500-600 MW solar plants in the sultanate by the end of this month appear to have slipped but the head of awarding utility the Oman Power and Water Procurement Company has reportedly stated the process is in train.

The AYG-1 project, planned in the Aragatsotn province of western Armenia, will be 85% owned by the successful developer and 15% by the Armenia Renewable Resources and Energy Efficiency Fund (Anif).

Abu Dhabi-based renewable energy group Masdar is sailing into the Southeast Asian solar market with Indonesia’s first floating solar project. The petro-state owned developer says the facility will be the largest in the region.

The procurement exercise, which includes 250 MW of wind to be developed by Saudi Arabia’s ACWA Power, was launched in March. The plant will be built at a site located 75 kilometers southwest of Baku. The authorities have not provided any information on final auction prices.

Oman Power and Water Procurement Co. has named eight of the nine bidders vying to develop twin 500-600 MW solar plants in the sultanate, but the energy off-taker has sown doubt by claiming that the contracts will be awarded to private sector entities.

The Norwegian PV developer was allocated three of the five projects available in the procurement exercise, having reportedly offered to accept $0.025/kWh from utility Société Tunisienne de l’Electricité et du Gaz for the clean power produced by the largest, 200 MW slice of generation capacity available.

The state-owned Rural Areas Electricity Company wants to build 11 solar-diesel-storage projects in isolated rural areas. Pre-qualified bidders in the tender include Engie, Canadian Solar, Akuo, Longi, Jinko, GCL, Abengoa, Total and Belectric.

The Abu Dhabi-based clean energy group has entered into a formal agreement with an investment fund to develop 400 MW of PV capacity in Armenia, with a projected investment of up to $320 million.

The PV facility was completed a month and a half ahead of schedule by Saudi energy company ACWA Power. The project will sell power at $0.0236/kWh.

The central Asian nation and the International Finance Corporation have signed a mandate to develop up to 900 MW of solar capacity through public-private partnerships.