Larsen & Toubro (L&T) has secured the go-ahead to begin constructing the 300 MW Jeddah Solar PV Power Plant in Saudi Arabia. The renewables arm of its power transmission and distribution business received the turnkey EPC order from a consortium of Masdar, EDF Renewables and Nesma Company. The said 300 MW solar project was awarded to the three-company consortium by Saudi Arabia’s Renewable Energy Project Development Office (REPDO) under the design, finance, build and operate mode. The project is located 50 km south-east of Jeddah in in Third Jeddah Industrial City. It has recently achieved financial closure post the signing of the power purchase agreement. The solar plant is a large utility-scale project incorporating advanced photovoltaic technologies like bifacial modules, single axial trackers, string inverters and robots for module cleaning.
Recently, L&T has also secured a turnkey EPC contract for Sudair Solar PV Project from the consortium of ACWA Power and the Water and Electricity Holding Company (a subsidiary of the Public Investments Fund of Saudi Arabia). The project would have a total capacity of 1.5 GW. It already has a signed power purchase agreement and is considered the largest such project in Saudi Arabia. The Sudair Solar PV Project is coming up in Riyadh Province with a 30.8 square kilometre available land parcel available to deploy the entire 1.5 GW solar capacity.
L&T is a $21 billion Indian technology, engineering, construction and manufacturing conglomerate, operating in over 30 countries worldwide. Its renewables business is a leading player in the solar segment, and operates in the grid-connected PV, hybrid power, battery energy storage and large microgrid segments.