Saudi Arabia announces 3.7 GW solar tender
14 November 2023
Saudi Power Procurement Company (SPPC) today announced four solar projects in Saudi Arabia, comprising 3.7 GW, had been given RFQ status as part of the fifth round of the Saudi Arabian government's National Renewable Energy Program (NREP).
According to the press release, the plants include the 2 GW Al Sadawi plant located in the country’s east and the 1 GW (AC) Al Masa’a project located in the northern Hail province. It also includes the 400 MW (AC) Al Henakiyah 2 plant located in the western Madinah province and the 300 MW (AC) Rabigh 2 array located in the western Makkah province.
Projects will be overseen by SPPC – the government-owned entity tasked with procuring electricity from independent power producers – which will be responsible for the predevelopment, tendering and subsequent “offtaking” of energy, SPPC said in the announcement.
The projects comprise one-quarter of all energy capacity (12.6 GW) awarded as part of the NREP renewable energy program. NREP, according to its website, is designed to “maximize” the country’s renewable energy potential.
The Saudi Arabian government aims to generate 27.5 GW of renewable energy by 2030, the country's leading solar lobby group said. This is a significant leap ahead of the nation's current installed capacity, which was estimated at 390 MW at the end of last year, according to the International Renewable Energy Association.
Related
-
EIB to provide €400m loan for Stockholm metro expansion
6 June 2025
-
Barrick seeks World Bank arbitration on government takeover of Mali mine
5 June 2025
-
Hassan Allam-Metito JV awarded Alexandria West WWTP expansion in Egypt
5 June 2025
-
PKKP and Rio Tinto sign co-management deal for iron ore operations
5 June 2025
-
Leighton Asia to build 10 residential towers south of New Delhi
5 June 2025
-
Alstom to modernise Sao Paulo’s signalling system
4 June 2025