China-based Global solar IPP: Jinko Power Technology Co., Ltd. reached financial close and began preparations for constructing its 400 MW Tabarjal Solar PV Project in AlJouf Province, Saudi Arabia. The project, backed by long-term financing from Riyadh Bank and APICORP, followed Jinko Power’s previous 300 MW Saad project in the Kingdom. A 25-year Power Purchase Agreement with the Saudi Power Procurement Company (SPPC) was signed in November 2023, with commissioning targeted for 2025. Spanning 260 hectares, the project aimed to expand solar capacity and support Saudi Arabia’s Vision 2030 goals. This addition brought Jinko Power’s total capacity in Saudi Arabia to 700 MW.
Jinko Power kicks off 400 MW PV project in Saudi Arabia
Backed by Riyadh Bank and APICORP, Jinko Power’s Tabarjal solar project is set to begin construction in AlJouf Province. (Image Source:Jinko Power)
Bechtel will handle the design and construction of Rio Tinto’s latest solar initiative at the Kennecott site in Utah. (Image Credit/Source: Pixabay/Pexels)
Ameresco will design, build, and maintain the solar project at UCI Health over a 25-year power purchase agreement. (Image Source: Ameresco)
The $290M financing will support Pine Gate’s 225 MW solar projects across two southern US states. (Image Source: Pine Gate)
The 33 MW hybrid solar-wind plant in Maharashtra will power Equinix’s expanding digital infrastructure needs. (Image Source: CleanMax)