Saudi Arabia has signed the contract for the implementation of the project in the presence of His Royal Highness Prince Abdulaziz bin Salman bin Abdulaziz, Minister of Energy and Chairman of the Board of Directors of the Saudi Electricity Purchasing Company. The project, named "Al-Dawadmi", has set a new world record as the lowest-cost project for electricity generation from wind energy. The company "Al-Ittihad" for Water and Electricity announced its victory within a consortium that includes the Korean Electric Power Corporation "Kepco", and "Nesma" for Renewable Energy. This is a new project for electricity generation from wind energy in the Kingdom of Saudi Arabia, with a capacity of 1500 megawatts, and a production cost of 5.01760 halalas or 1.33803 US cents per kilowatt-hour. Suhail bin Mohammed Al Mazroui, the minister...
