A consortium that includes Korea Electric Power Corporation has won a large-scale renewable energy project in Saudi Arabia.
Saudi state-run SPA reported on the 27th (local time) that the Saudi Power Procurement Company (SPPC) has ordered five new wind and solar projects with a total capacity of 4,500 megawatts (MW) and an investment of about 9 billion riyals (about 3.4 trillion won).
Among them, a consortium that includes Korea Electric Power Corporation and Saudi renewable energy corporations Nesma is said to have won the Dawadmi wind power project with a capacity of 1,500 MW near the capital, Riyadh.
The remaining four projects will be handled by global energy corporations such as Masdar of the United Arab Emirates (UAE), Electricite de France (EDF), and France's TotalEnergies.
Meanwhile, the Ministry of Trade, Industry and Energy said that on this day, Vice Minister Mun Sinhak held talks with Saudi Vice Minister Abdullah bin Ali Al-Ahmari of the Ministry of Industry and Mineral Resources at the Seoul Government Complex and discussed ways to expand industrial cooperation between the two countries.