Saudi Arabia’s Saudi Power Procurement Company (SPPC) signed PPAs for five energy projects totaling 9.2 GW. These include the 2,000 MW Sadawi solar PV project and four gas-fueled power plants of 1,800 MW each. The solar project, developed by Masdar, KEPCO, and GD Power, will begin in Q2 2027 with an LCOE of 1.2926 cents/kWh. The gas projects—Rumaih-1, Rumaih-2, Nairyah-1, and Nairyah-2—will start in Q2 2028. Developers include ACWA Power, SEC, TAQA, JERA, and Al Bawani. The $9.3 billion investment supports Vision 2030’s 50% renewable and 50% natural gas energy mix goals.