Saudi Renewable Energy Project bidding begins

Saudi Renewable Energy Project bidding begins

Giacomo Maniscalco
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The oil kingdom is selecting companies to participate in projects for the country's green transition. Meanwhile, major developments for the generation and storage of wind and solar energy, from Australia to Germany

Saudi Arabia’s green turn continues. Royal officials have named 51 international companies selected to bid on tenders issued by the Saudi energy ministry’s Renewable Energy Project Development Office. On the table are 700 MW of green projects, the first step in an energy plan designed to increase renewable energy output and cut domestic oil consumption. In particular, the country aims to develop nearly 10 GW of clean power infrastructure by 2023.
Meanwhile, in Australia the Lyon Group has announced the development of the Kingfisher Project, which, once completed, will be the world’s largest solar plant with storage capabilities. The project, which involves the construction of over 3 million solar panels, combined with 1 million batteries, potentially represents a major advancement for the future of renewable energy, with a staggering output capacity of 330 MW and storage capacity of 100 MW.
In Germany, important developments for the wind sector are unfolding. The German utility E.ON is turning to a new technology that makes use of drones to cut the costs of offshore wind installations by half. The idea, not new but never before applied on a commercial scale, involves using the drones as kites by tethering them to a special cable. As strong winds cause the cable to wind and unwind, this powers a turbine. According to E.ON senior vice president Frank Meyer, the goal is to "drive down cost of renewable energy, and also allowing production of renewable energy at locations where it is currently not economically and technically feasible."