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USTDA helps fund feasibility study for solar power plant

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Kingdom’s first private solar power project.

The US Trade and Development Agency (USTDA) on Wednesday extended a grant to help fund the feasibility study for the Kingdom’s first private solar power project.

On the sidelines of MENA Power 2010 Forum in Cairo, the USTDA extended a $617,204 grant to Kawar Energy to support the feasibility for Shams Maan, a planned 100 megawatt (MW) photovoltaic plant in the southern region.

According to a statement from Kawar Energy, the grant will be used to assist in developing an implementation plan, technology evaluation as well as a facility and equipment assessment.

For more on this article: http://www.kawar.com/content/ustda-helps-fund-feasibility-study-solar-power-plant

Source: Kawar Energy

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