Decision Due Soon on Major Saudi PV Contract – GTAT in Full Play

Posted: February 27, 2014 by mattmargolis24 in Uncategorized
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GT is in the running to win a major Saudi contract PV. News was supposed to come out in 2013. Recent rumblings suggest the “winner” is expected to be announced “soon”.

GT’s CEO made this comment (below) on Monday regarding the Middle East. Did TG tip his hand?

In addition, our opportunities in the Middle East continue to solidify and we remain well positioned on several projects of substantial size

Updated: Plans to build a fully-integrated PV supply chain within Saudi Arabia on the back of plans that could include 41GW of PV installations by 2032, continued slowly with reports that Idea Polysilicon Company (IPC), have received four bids to build its planned 10,000MT polysilicon plant and ingot/wafer operations.

Centrotherm SiTec, a subsidiary of centrotherm photovoltaics, had previously been selected as IPC’s technology concept partner, while Technip from France was awarded project management contracts. However, IPC told PV Tech that Centrotherm SiTec had only provided a customised technology report on the initial plant feasability.

According to reports the lump sum turnkey (LSTK) EPC bidders included a China/US consortium, Chengda Engineering Corp and US specialists, Poly Plant Project, while Centrotherm SiTec has teamed with Hanwha Engineering & Construction.

A German consortium between hi-tech facility design engineers M+W and equipment specialist Schmid Silicon Technology also bid for the project.

Other major polysilicon equipment specialist, GT Advanced Technologies bid for the project with Samsung Engineering.

The contracts are expected to be signed with winning bidders in the fourth quarter of 2013.

Saudi Arabia is targetting 41GW of PV installations by 2032.


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