POWERCHINA awarded EPC Contract for 500MW Wa’ad Alshamal Wind Project
27 June 2024
POWERCHINA announced in a statement that it has awarded the Engineering, Procurement and Construction (EPC) contract for 500 MW Wa’ad Alshamal Wind Project in Saudi Arabia.
The contract was awarded by consortium led by “MARUBENI Corporation” in partnership with Abdulaziz Al-Ajlan Sons Co. for Commercial and Real Estate Investment – Ajlan & Bros.
Earlier, during May 2024 the developer signs the power purchase agreements (PPA) for AlGhat Wind Project (600 MW) and Wa’ad Alshamal Wind Project (500MW).
This Project is part of the National Renewable Energy Program which is supervisied by the Ministry of Energy and is an extension of the energy ecosystem’s efforts towards realizing vision 2030’s objectives, achieving the optimal energy mix, and displacing liquid fuels in the Kingdom’s power sector. The Program harness renewable energy resources and increase the share of renewables in the energy mix to around 50% by 2030.
Related
-
Iraq approves $2.45bn contract award to Hyundai E&C
27 August 2025
-
ACEnergy signs 3 GWh battery supply deal with CATL
27 August 2025
-
WABAG awarded O&M contract for sewage treatment plant in Bahrain
26 August 2025
-
Acwa Power, SEC and Kepco close $4bn Saudi IPP deals
26 August 2025
-
Webuild wins €1.6bn Italian high-speed rail contract
22 August 2025
-
Saudi-Chinese joint venture to set up manufacturing facility in Kingdom
22 August 2025