Kuwait signs $385 mn solar energy project

Kuwait 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. The oil-rich Gulf state has a multi-billion-dollar plan to meet 15 percent of power demand from renewables by 2030. 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…

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Kuwait signs $385 mn solar energy project

Kuwait 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. The oil-rich Gulf state has a multi-billion-dollar plan to meet 15 percent of power demand from renewables by 2030. 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…

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