Wednesday, March 20th, 2019

Kuwait signs $385 mn solar energy project

Kuwait has signed a $385 mn deal with Spain's TSK Group for a 50 megawatt solar energy projectKuwait signed a contract worth 116 million dinars ($385 million) with Spain's TSK Group on Thursday for a 50 megawatt solar energy project as part of its renewable energy drive. Electricity and Water Minister Ahmad al-Jassar told reporters the target is to produce 4,500 megawatts from solar and wind energy by 2030 when demand is expected to rise to 30,000 megawatts from the current 12,000 megawatts. The latest project is due to start production in December 2017, said Salem al-Hajraf, head of energy research at the Kuwait Institute for Scientific Research.

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