Saudi Arabian Utility SPPC Secures 5.5 GW in Solar Power Deals

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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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