Saudi Arabian Utility SPPC Secures 5.5 GW in Solar Power Deals


The Saudi Power Procurement Company (SPPC) has inked power purchase agreements (PPAs)  for three solar photovoltaic (PV) projects totaling 5.5 GW in Saudi Arabia. The agreements were signed with a consortium of Acwa Power, Badeel, and Aramco Power.

These projects include Haden Solar PV and Al-Muwaih Solar PV, each with a capacity of 2000 MW and located in Makkah Province, as well as Al-Khushaybi PV in Qassim Province, which has a capacity of 1500 MW.

Furthermore, the Haden Solar PV project offers a LCOE of 1.58762 cents/kWh, while the LCOE for Al-Muwaih Solar PV is 1.60852 cents/kWh. Al-Khushaybi PV has a LCOE of 1.67289 cents/kWh. The new projects are components of the National Renewable Energy Programme, managed by the Energy Ministry.

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