Saturday, January 18, 2025

Energy

Saudi Arabia’s Renewable Energy Expansion

The Saudi Power Procurement Company (SPPC) has unveiled the prequalified developers for its sixth round of renewable energy projects, aiming to expand Saudi Arabia's renewable energy capacity by 4,500 megawatts (MW) under the National Renewable Energy Programme (NREP). This tender includes four solar Independent Power Producer (IPP) projects totaling 3,000 MW and one wind IPP project of 1,500 MW. Solar...

Saudi Arabia’s Solar Expansion: 3,000 MW Projects

The Saudi Power Procurement Company (SPPC) has prequalified 16 developers for the sixth round of solar projects in Saudi Arabia, totaling 3,000 MW. These projects are part of the National Renewable Energy Program (NREP), overseen by the Ministry of Energy. This round includes several significant projects: the 1400MWac Najran Solar IPP and the 600MWac Darab Solar PV IPP in the...

Tabarjal Solar Project Reaches Financial Close

Jinko Power Technology Co. has reached the financial close for its 400 MW Tabarjal solar project in Saudi Arabia, enabling the start of construction. The project is backed by long-term, non-recourse financing from Riyad Bank and the Arab Petroleum Investments Corporation. With financial closure, the Saudi Power Procurement Company has given the green light for construction mobilization, appointing the Jackson...

Saudi Arabia’s Renewable Energy Expansion

The Saudi Power Procurement Company (SPPC) has revealed the Qualified Developers for the sixth round of renewable energy projects under the National Renewable Energy Program (NREP), overseen by the Ministry of Energy. The total capacity for these Round 6 projects is around 4,500 MW. Qualified Bidders for Solar PV Projects Abu Dhabi Future Energy Company PJSC – Masdar, JERA NEX...

Masdar’s 2 GW Solar Project in Saudi Arabia

Masdar, a clean energy company based in the UAE, has partnered with Chinese firm GD Power and South Korea's KEPCO to develop a 2 GW solar project in Saudi Arabia. This project is set to be located at Al Sadawi, around 500km north of Riyadh, and will provide electricity to the Eastern Province for 25 years starting from the second...

Sineng Electric’s 2.6GW Saudi Energy Contract

Sineng Electric has secured a significant 2.6GW supply contract for Saudi Arabia's PIF4 project, a major renewable energy venture. This initiative, co-owned by ACWA Power, Badeel, and SAPCO, supports Vision 2030's aim to diversify the nation's energy sources by increasing renewable capacity. The PIF4 cluster includes the Haden and Al Khushaybi solar power plants. Sineng's agreements include a 1GW supply...

Sineng Electric Secures 2.6GW Solar Contract

Sineng Electric, a renowned name in solar and energy storage solutions, has been awarded a substantial 2.6GW supply contract for the PIF4 project in Saudi Arabia. This significant renewable energy initiative, co-owned by ACWA Power, Badeel, and SAPCO, is a key component of Saudi Arabia's Vision 2030, aiming to diversify the country's energy resources. The PIF4 project comprises two major...

ENGIE’s 22 MW Solar Project in Saudi Arabia

ENGIE, a France-based energy company, is set to develop a 22 MW solar photovoltaic project for Al Jouf Cement Company in Saudi Arabia. This initiative will be located near Turaif in the Northern Borders Province. A power purchase agreement (PPA) has been signed between the two companies, covering an area of 420,000 square meters. This solar project aims to reduce...

Masdar Secures 2GW Solar Project in Saudi Arabia

Masdar, a clean energy company from the UAE, has secured a major contract with Chinese and South Korean partners to develop a 2GW solar project in Saudi Arabia. The project, located at Al Sadawi about 500km north of Riyadh, is set to supply electricity for 25 years starting in 2027. This initiative is part of Saudi Arabia’s national renewable energy...

Engie’s Solar PPA with Al Jouf Cement

Engie, a global leader in low-carbon energy, has entered into a Power Purchase Agreement (PPA) with Al Jouf Cement Company to power a cement facility with a 22 MWp solar photovoltaic (PV) plant in Turaif, Northern Borders Province, Saudi Arabia. The agreement, signed in the presence of Prince Faisal Bin Sultan Al Saud, entrusts Engie with the design, performance, and...

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