Tag Archives: Saudi Arabia awards first major wind project worth $500m

Saudi Arabia on Thursday awarded a contract to build a $500 million wind farm, a first for the world’s top oil exporter as it pushes to diversify its energy sector. A consortium led by France’s EDF and Abu Dhabi’s Masdar won the bid for the 400-megawatt Dumat al-Jandal wind project in the northern Al Jouf province, the Saudi energy ministry …

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