Saudi Arabia clinches PPAs for close to 3 GW of fresh solar

The Sakaka solar power plant in Saudi Arabia. Source: ACWA Power

April 9 (Renewables Now) - Power purchase agreements (PPA) for roughly 3 GW of solar photovoltaic (PV) projects have been signed in Saudi Arabia, it was announced on Thursday.

The capacity will come from seven projects located across the Kingdom, state news agency SPA quoted Crown Prince Mohammed bin Salman as saying during the inauguration ceremony of the 300-MW Sakaka solar farm. The PV park, owned by a consortium led by power producer Acwa Power, is the country’s first utility-scale renewable energy complex.

Details about the seven independent power producer (IPP) schemes are available in the table below, as given by SPA.

Project Capacity (MW) Developer
Sudair 1,500 PIF, Acwa Power
Qurayyat 200 Acwa Power, Gulf Investment, Al Babtain Contracting
Shuaibah 600 Acwa Power, Gulf Investment, Al Babtain Contracting
Jeddah 300 Masdar, EDF, Nesma
Rabigh 300 Marubeni, Aljumaih
Rafha 20 Al Blagha, Alfanar, Desert Technologies
Al Madinah 50 Al Blagha, Alfanar, Desert Technologies

“More renewable energy projects will follow across the Kingdom, which we will announce when the time comes,” the Crown Prince was cited as saying. He added that the country is soon expected to see the completion of its 400-MW Dumat Al-Jandal wind farm.

Saudi Arabia has set a goal of making renewables account for 50% of its energy mix by 2030.

(USD 1.0 = EUR 0.841)

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Veselina Petrova is one of Renewables Now's most experienced green energy writers. For several years she has been keeping track of game-changing events both large and small projects and across the globe.

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