Technical FAQs 4

Who has signed PPAs for solar projects in Saudi Arabia?

SPPC also recently signed PPAs for three solar photovoltaic projects with a capacity of 5.5GW in Saudi Arabia. The consortium associated with the PPAs comprises ACWA Power, Badeel, a subsidiary of the Public Investment Fund, and Aramco Power, a Saudi Aramco subsidiary.

What is the Sadawi solar photovoltaic (PV) IPP project?

The agreements also cover the Sadawi solar photovoltaic (PV) IPP project, which is part of the fifth phase of the country’s National Renewable Energy Programme, as stated by the Ministry of Energy. The PPAs were signed with a consortium of ACWA Power, the Saudi Electricity Company (SEC) and the Korea Electric Power Corporation (KEPCO) for Rumah-1.

How many MW of solar PV projects are there in 2024?

For more news and details on the projects On Feb. 8, 2024, the Principal Buyer issued the request for proposal (RFP) for 3,700 MW projects, including the MWac Al Sadawi Solar PV IPP, the MWac Al Masa’a Solar PV IPP, the MWac Al Henakiyah 2 Solar PV IPP, and the MWac Rabigh 2 Solar PV IPP.

How much halalas is a 300 MW power plant in Saudi Arabia?

This project, situated in Madinah province, was also awarded to the SPIC-EDF consortium at a tariff of 5.68618 halalas/kWh (1.52 US cents/kWh). The 300 MW facility in Makkah province was awarded to a consortium comprising Saudi Arabia’s Al Jomaih Energy and Water Company and TotalEnergies Renewables.

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