Kuwait Invites Bids for 500MW Solar Power Project
Deal News | May 19, 2025 | Zawya
Kuwait Authority for Partnership Projects (KAPP) has invited prequalification applications for the development of a major 500MW solar photovoltaic power project, located in Jahra Governorate's Shagayah. This initiative will be executed under a public-private partnership model and is supported by a 30-year power purchase agreement with the Ministry of Electricity & Water & Renewable Energy. The tender involves the design, finance, construction, operation, maintenance, and eventual transfer of the project. Submissions are open from May 18, 2025, to July 24, 2025. Several international and regional firms are already associated with related projects, highlighting a strong collaborative effort. KAPP, along with MEWRE, has engaged renowned advisors including Ernst & Young for financials, DLA Piper for legal, and DNV for technical and environmental guidance.
Sectors
- Renewable Energy
- Public-Private Partnership
Geography
- Kuwait – The solar power project is being developed in Kuwait, involving government and local entities.
Industry
- Renewable Energy – This article discusses a solar power project, a significant aspect of the renewable energy sector.
- Public-Private Partnership – The project is being developed under a public-private partnership model, highlighting the sector's role in modern infrastructure development.
Financials
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Kuwait Authority for Partnership Projects (KAPP) | Project Initiator | Government | KAPP is inviting prequalification applications for the solar power project. |
| Ministry of Electricity & Water & Renewable Energy (MEWRE) | Contracting Authority | Government | MEWRE has established a 30-year power purchase agreement for the solar project. |
| Ernst & Young | Financial Advisor | Company | Providing financial advisory services for the project. |
| DLA Piper | Legal Advisor | Company | Serving as the legal advisor for the project. |
| DNV | Technical and Environmental Advisor | Company | Advising on technical and environmental aspects of the project. |