Saudi Arabia’s SPPC has signed PPAs for three solar PV projects totaling 1.7 GW under the National Renewable Energy Programme. The agreements involve SPIC and EDF for the 1 GW Al-Masa project in Hail and the 400 MW AlHunaykyah2 project in Madinah, with a combined investment of $850 million. Additionally, a Saudi French consortium of TotalEnergies and Aljomaih Energy secured a PPA for the 300 MW Rabigh2 project. These developments contribute to Saudi’s 2030 renewable energy targets, with all projects expected to reach financial close by 2025.
Saudi’s SPPC, EDF, TotalEnergies, SPIC, Aljomaih finalize 1.7 GW PV Projects
SPPC finalizes agreements for 1.7GW solar power capacity under its National Renewable Energy Programme. (Image Source: Zawya)
The SOLSTICE microgrid will reduce CO₂ emissions by 360 metric tons annually and support emergency facilities. (Image Source: Ameresco)
Vistra announced Baldwin plant’s operations extended to 2027, with new solar and storage projects completed in Illinois. (Image Source: Vistra Corp)
Jacobs will manage engineering and logistics for Terra Solar’s 3.5 GW solar farm and 4,500 MW battery project in the Philippines. (Image Source: Jacobs Engineering)
Nafath Energy and SolarWadi to deliver a solar plant at AOU in Muscat, supporting Oman’s Vision 2040 goals. (Image Source: Zawya)