The WAD AL TAQA Company obtained a certificate from the Renewal Energy Project Development Office

 The WAD AL TAQA Company obtained a certificate from the Renewal Energy Project Development Office

The WAD AL TAQA Company, one of the subsidiary companies of AL Rajhi International for Investment "RAII",  has obtained the certificate from the Renewal Energy Project Development Office – Ministry of Energy, Industry and Mineral Resources – KSA (REPDO) after completing the necessary documents which will qualify the company to obtain the said certificate, the company now becomes one of the leading companies in the field of solar power in KSA and is qualified to implement mega scale solar power projects class (a) and (b).   The Saudi Ministry of Energy, Industry and Mineral Resources announced the opening of a request for quotation (RFQ) for two renewable energy projects through the Renewable Energy Projects Development Office (REPDO), including 4 solar projects for total of 1200 Megawatt, the project will be divided into 2 categories: category (a) targeted small companies and include "Laila project 80 Megawatt", Wadi AL Dawaser project: 120 Megawatt, whereas the category (b) includes the solar photovoltaic plant RFQ and is for the construction of 300 megawatt in Saad city, Al-Rass city project 700 Megawatt.   The National Renewable Energy Program (NREP) is a long-term and multi-faceted program for renewal energy that aims to balance the local energy mix, and also a strategic initiative under vision 2030. The program aims to maximize the potential of renewal energy in Saudi Arabia. The program sets out an organized and specific road map to diversify local energy sources, stimulate economic development and provide sustainable economic stability to the Kingdom in light of the goals set for vision 2030 by launching of 9.5-gigawatt national renewable energy program which include establishing the renewal energy industry and supporting the advancement of this promising sector while working to fulfil the kingdom's commitments to reducing carbon dioxide emissions. Also, the plan aims to use the partnership between the public and private sectors with regard to petroleum price liberalization.