TAG: " Saudi Power Procurement Company"

News

TotalEnergies, Aljomaih Awarded 400 MW Solar Project in Saudi Arabia

TotalEnergies and Aljomaih Energy & Water have secured a 400 MW solar project in As Sufun, Saudi Arabia, under the National Renewable Energy Program, supporting the Kingdom’s Vision 2030 targets.

Saudi Power Procurement Company | November 08, 2025 | By EI News Network | 624

SPPC Releases List of Qualified Bidders for First Group of Battery Storage Projects

Saudi Arabia’s SPPC has announced 33 prequalified developers for the first group of its 2GW/8GWh BESS projects. This initiative is part of the kingdom’s push toward 50 percent renewable energy by 2030, with long-term contracts for selected bidders.

Saudi Power Procurement Company | January 07, 2025 | By EI News Network | 1973

EDF and SPIC Secure PPAs for 1,400 MW Solar Projects in Saudi Arabia

EDF Renewables and SPIC signed 25-year agreements for two solar projects totaling 1,400MW in Saudi Arabia, valued at USD 850 million. The projects will power 240,000 homes annually, cutting 2.7 million tons of CO₂ emissions.

Saudi Power Procurement Company | December 06, 2024 | By EI News Network | 1628

Saudi SPPC Signs USD 9.3 Billion PPAs for Thermal and Solar Energy Projects

Saudi Power Procurement Company (SPPC) inks agreements for 5 energy projects totaling 9,200 MW, including 7,200 MW thermal and 2,000 MW solar. Investments worth SAR 35 billion align with Vision 2030’s balanced energy mix of gas and renewables.

Saudi Power Procurement Company | November 19, 2024 | By EI News Network | 1814

Saudi Arabia Launches 8 GWh Battery Storage Tender to Boost Renewable Energy

Saudi Arabia initiates a 2,000 MW/8,000 MWh battery storage tender with four projects under the build-own-operate model, aiming to enhance grid flexibility and support its Vision 2030 goal of a 50 percent renewable energy share.

Saudi Power Procurement Company | November 06, 2024 | By EI News Network | 2443

ACWA Power and Partners Secure Financial Close on Solar Projects

Acwa Power, alongside Badeel and Saudi Aramco Power Co., has secured USD 3.2 billion in funding for solar projects in Saudi Arabia. The financing will support the Haden, Muwayh, and Al Khushaybi plants, with a total capacity of 5.5 GW, expected to begin commercial operations in Q1 2027.

Saudi Power Procurement Company | October 02, 2024 | By EI News Network | 1330

Saudi Arabia Fast Tracks Renewable Energy Goals with 5.5 GW Solar PV Project

SPPC has finalised the power purchase agreements worth USD 3.3 billion (SAR 12.3 billion) for three photovoltaic projects with ACWA Power Company, Water and Electricity Holding Co., also known as Badeel and Aramco Power.

Saudi Power Procurement Company | July 01, 2024 | By News Bureau | 2053

Masdar, EDF Renewables and Nesma Sign PPA for 1100 MW Solar IPP Project in Saudi Arabia

Once operational, it is expected that the project will power more than 190 thousand homes per year and displace more than 1.8 million tonnes of carbon dioxide annually.

Saudi Power Procurement Company | November 08, 2023 | By News Bureau | 1841

ACWA Power, PIF and Aramco to Reach Financial Close for Al Shuaibah 1 and 2 Solar Projects

ACWA Power, a Saudi-listed company, Badeel, wholly owned by Public Investment Fund (PIF), and Saudi Aramco Power Company (SAPCO), an entirely owned subsidiary of Aramco announces the successful financial close of Al Shuaibah 1 and Al Shuaibah 2 solar PV projects which will produce an aggregate capacity over 2.6GW of clean electricity for Saudi Arabia.

Saudi Power Procurement Company | August 22, 2023 | By EI News Network | 3362