Kuwait will issue a tender to build the estimated $1.2 billion Dibdibah solar-power plant in the first quarter of 2018 as part of the country’s plans to produce 15 percent of power from renewable energy by 2030.
OPEC’s fifth-biggest oil producer set a Sept. 7 deadline for companies to express interest in the 1 gigawatt project, Shukri AbdulAziz Al-Mahrous, deputy chief executive officer of planning and finance at Kuwait National Petroleum Co., said in an interview at the company’s headquarters south of Kuwait City. The cost will be about $1.2 billion, he said. Dibdibah will produce half of the country’s planned renewable energy output, he said.
