USTDA helps fund feasibility study for solar power plant

USTDA helps fund feasibility study for solar power plant

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