PPA signed for 1.1 GW Al Henakiyah Plant
Masdar, EDF Renewables, and Nesma Company inked a PPA for the 1,100 MW Al Henakiyah solar plant with the Saudi Power Procurement Company. Their $1 billion project secured with a $16.84/MWh bid will power 190,000 homes and slash 1.8 million tonnes of CO2 annually. This project combines the consortium expertise, targeting financial close in early…