Saudi Arabia will invite international and domestic companies to bid for renewable energy projects in April , the energy minister said on Wednesday, adding that he expected to award the deals in September.
Energy minister Khalid al-Falih, speaking at a new s conference in Riyadh said the projects would include two new solar and wind power plants with a capacity to produce 700 megawatts of power.
The projects are part of a major renewable energy supply program which is expected to involve investments of between $30 billion and $50 billion by 2023.
