Following the submission of prequalification entries on 4 August for Saudi Arabia’s first standalone solar energy projects, developers and contractors are beginning to get excited again about the kingdom’s renewable energy prospects.

After the disappointing failure ?of the previous 54GW renewable energy programme, which had been launched to great fanfare in 2012, Riyadh has now set a much more obtainable target of 9.5GW of renewable energy, with the first 3.5GW planned to come online by 2020.

Watch MEED Power and Water Editor Andrew Roscoe and MEED Banking and Finance Reporter Philippa Wilkinson talk about what’s next for Saudi Arabia’s renewables programme following the return of King Abdullah City for Atomic and Renewable Energy (KA-Care) to spearhead the kingdom’s ambitions. 

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MEED Live is a new live-streamed and interactive TV broadcast for MEED subscribers.

Every Thursday at 09:00GMT (13:00UAE), join MEED’s team of Middle East market experts as they discuss the regional market.  

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