goodwe september

Kuwait Receives An Offer For 5000 MW Solar Plant


Reading Time: <1 minutes


Kuwait has got an offer to construct a solar plant worth $3.5 billion from private investors. The capacity of the project is 5000 MW and it is situated in North Kuwait.

pixon september

Currently, the solar plant proposal is being studied by the Kuwait Authority for Partnership Projects (KAPP) and the proposal was received by the Electricity, Water, and Renewable Energy Ministry, the paper said. 

According to a report, “A group of private developers made the offer to the cabinet which referred it to the Ministry…the proposal is now under consideration by KAPP.”

The project will be funded with loans from foreign and local sources after being approved by the government and the KAPP.

Kuwait is also planning to speed up its power generation projects to 14GW capacity by 2041 to focus on the present and future demands.

The country is hoping to attract outside investors to fund several power projects under a public-private partnership (PPP) program that will cover more than half of its future electricity needs over the next two decades.

Also Read  Solarcentury Africa Joins Chimuara Solar Power Project in Mozambique

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.