Average wind solar storage price per 30kW in Saudi Arabia

Could a power purchase agreement make large-scale solar projects viable in Saudi Arabia?

Saudi scientists have determined the current price threshold for power purchase agreements (PPA) that could make large-scale PV and wind power projects viable in Saudi Arabia. They incorporated data from the 300 MW Sakaka solar farm and four potential utility-scale PV project sites.

Are solar PV-wind technologies economically feasible in South Africa?

“Sensitivity analysis of PPA rates indicated that solar PV, wind energy, and hybrid solar PV-wind technologies are economically feasible in SA at PPA rates above $32.8/MWh, $26.1/MWh, and $50.6/MWh, respectively,” they concluded.

Do tariffs make solar projects economically unviable?

They incorporated data from the 300 MW Sakaka solar farm and four potential utility-scale PV project sites. Researchers at King Abdulaziz University have conducted a techno-economic analysis for utility-scale wind and solar plants in Saudi Arabia and have found that current tariffs make projects economically unviable.

How much does a solar PV plant cost?

“The Sakaka solar PV plant operates under a 25-year PPA with an electricity price of $23.40/MWh, while the Dumat Al Jandal wind farm has a 20-year PPA with an electricity price of $21.30/MWh,” the researchers said, acknowledging that technical and financial details for the plants are not fully available.

How much NPV should a solar project cost?

They said that to achieve zero NPV values, the other identified sites for solar deployment should host projects requiring PPA prices ranging from $26.10/MWh to $29.30/MWh.