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NEOM's Vision for Renewable Energy: Assystem to Survey 7 Saudi Solar Sites
range of pre-development studies for seven planned solar photovoltaic parks in Saudi Arabia. These projects, located in the Tabuk and Duba regions, would directly
Jun 28, 2023 // Plants, Large-Scale, Commercial, Saudi Arabia, Asia, PV Power Plant, Neom, ENOWA
JV launched to couple 4GW with 'globe's largest environment-friendly hydro project' in Saudi Arabia
together an environment-friendly hydrogen-based ammonia production facility in Saudi Arabia's NEOM with the intent of turning the area right into an environment-friendly
Jul 7, 2020 // Plants, Large-Scale, Commercial, Saudi Arabia, Asia, hydrogen, ACWA Power, green hydrogen, renewables, power-to-x
Saudi solar project reaches financial close
300MW solar project in Saudi Arabia has actually reached financial close. China-headquartered Jinko Solar is establishing the 300MW Saad project. Lenders to the
Jan 24, 2023 // Markets & Finance News, Saudi Arabia, Asia, PV Power Plant, Tom Jamieson
Saudi Arabia’s 2.79-GW solar wave hits grid as projects certify
Saudi Arabia’s solar rollout took a major step forward as ACWA Power secured commercial-operation certificates across three mega-sites totaling 2.79 GW. The plants—Ar Rass 2 in Qassim, SAAD 2, and Al Kahfah in Hail—are now feeding power into the grid, with ACWA holding a 50.1% stake in each project. The company expects the commissioning to show up in second-half financials. The trio underscores the kingdom’s shift from announcements to delivery. Each site uses desert-hardened designs—elevated trackers, robust cleaning regimes, and power-electronics tuned for heat and dust—to maximize yield in harsh conditions. With grid code compliance verified during commissioning, attention turns to ramp-up and long-term O&M: keeping soiling in check, optimizing inverter availability, and calibrating plant-level controls for reactive power and ride-through. Strategically, the additions advance Saudi Arabia’s twin goals: lower domestic power-sector emissions and free hydrocarbons for export. They also reinforce a project-finance template—long-dated offtake, global lenders, local execution—that future phases can replicate at scale. For the regional market, the milestone signals deepening supply-chain maturity. Standardized designs and bankable components are compressing schedules compared with first-generation plants. Expect a steady cadence of energizations as substations and lines come online to match the country’s growing queue.   If commissioning stays on track, 2025–2026 will mark a step change in the kingdom’s operating solar base—moving multi-gigawatt targets from planning documents onto the grid.
Aug 25, 2025 // Plants, Large-Scale, Commercial, Grids, Saudi Arabia, utility-scale PV, Asia, middle east, ACWA Power, commissioning
Saudi Arabia exposes prequalified prospective buyers for 1.2 GW PV tender
Saudi Arabia's Renewable Energy Project Development Office (REPDO) has actually released a listing of the prequalified prospective buyers for the 1.2 GW solar tender it introduced in late January. The checklist includes 49 prospective buyers, consisting of several of one of the most popular gamers in the worldwide solar sector. France's EDF as well as Total Solar will certainly take part, as will certainly Spain's Solarpack, Acciona and also TSK. Germany's ib vogt is likewise on the listing, as is China's Jinko Solar, Canadian Solar as well as GCL. South Korea's Kepco will certainly likewise complete, in addition to Japan's Marubeni. Furthermore, Saudi Arabian utility ACWA Power is likewise taking part, in addition to UAE-based Masdar, U.S. module maker First Solar and also Indonesian utility Tenaga Nasional. REPDO will certainly make use of the 3rd round of the kingdom's National Renewable Energy Program to pick designers to create 4 solar energy projects, with generation abilities of 80 MW, 120 MW, 300 MW, and also a monstrous 700 MW. The Saudi federal government has actually mentioned that the chosen projects should have at the very least 17% regional material. In March, REPDO stated that the 2nd round of the program-- created to designate 1.5 GW of large solar ability-- drew in 250 prospective buyers. In the preliminary of the purchase program, REPDO appointed 300 MW of solar capability to a solitary center: the Sakaka solar project, which is currently functional.
Mar 23, 2020 // Plants, Large-Scale, Commercial, Markets & Finance News, Saudi Arabia, tender, Asia
Saudi Arabia approves contractors for small solar projects
Greater than 106 consulting companies and contractors have actually been approved in Saudi Arabia to develop distributed solar photovoltaic or pv (PV) systems for households as well as small companies after the regulatory framework for renewable resource systems for self-consumption was launched last November.
May 1, 2023 // Plants, Saudi Arabia, Asia, Solar Project
Jinko Power begins on 300-MW PV project in Saudi Arabia
quarter of 2024. The project was granted to Jinko Power in the third round of Saudi Arabia's National Renewable Energy Programme (NREP) auction. The solar plant has a
Jan 20, 2023 // Plants, Saudi Arabia, Asia, Jinko Power, PV Power Plant
Cheapest shortlisted proposal in Saudi 1.47 GW tender was $0.0161/ kWh.
Saudi Arabia has actually introduced the shortlisted prospective buyers of the 2nd round of its National Renewable Energy Program (NREP) tender, that includes 4 solar plants amounting to 1.4 GW, along with an additional purchase round for 2 PV centers equating to 70 MW. Possible designers sent 4 bids for the initial of both tenders, which was introduced in July, the Renewable Energy Project Development Office (REPDO) stated. The effective prospective buyers will certainly be granted 25-year power acquisition arrangements. Al-Faisaliah. Both least expensive prospective buyers for the biggest of the plants, the 600 MW Al-Faisaliah PV IP project, were exceptionally close, REPDO stated, keeping in mind that the distinction in the levelized price of power was within the analytical margin of mistake. Therefore, the Saudi Ministry of Energy chose to wage a with a Best and also Final Offer (BAFO). Both picked consortia-- led by Saudi power business ACWA Power as well as UAE-based solar developer Masdar, specifically-- will certainly not need to send a last deal. The BAFO is a purchase approach that is frequently made use of when the examination professionals figure out that the cost might or need to be much better, or when some aspects of a deal are complex as well as require to be a lot more plainly specified. " The outcomes of the quotes in regard of Al-Faisaliah PV IPP will certainly be introduced in April 2020 after conclusion of the BAFO," REPDO claimed. Jeddah. REPDO has actually shortlisted 2 consortia for the 300 MW Jeddah PV IPP project. The initial team, that includes Masdar as well as French utility EDF, supplied an LCOE of SAR0.0609042/ kWh. The various other team, led by ACWA Power, sent a proposal of SAR0.06215/ kWh. Rabigh. For the 300 MW Rabigh PV IPP project, the shortlisted prospective buyers were Japanese trading titan Marubeni, which supplied SAR0.06381138/ kWh, as well as a consortium led by ACWA Power, which suggested an LCOE of SAR0.06597/ kWh. Qurrayat. For the 200 MW Qurrayat PV IPP project, the most affordable quote was sent by ACWA Power at SAR0.06688/ kWh. The 2nd shortlisted prospective buyer, French oil manufacturer Total, used SAR0.0678555/ kWh. REPDO likewise disclosed that the shortlisted prospective buyers for 2 even more solar projects, completing 70 MW. Madinah as well as Rahfa. For the 50 MW Madinah PV IPP project, the Saudi authorities shortlisted 2 consortia led by Al Blagha Holding and also U.S. module producer First Solar, specifically. The initial team provided an LCOE of SAR0.0727533/ kWh, while the 2nd provided SAR0.011.35/ kWh. For the 20 MW RafhaPV IPP project, REPDO shortlisted the very same consortia. l Blagha Holding provided SAR0.0130772/ kWh, while First Solar proposal SAR0.01904/ kWh. The 2nd round of the program at first attracted 250 prospective buyers. In July, REPDO stated the variety of prospective buyers it had actually tightened the prospective buyers to 60 business, consisting of 28 that were based in Saudi Arabia. In the preliminary of the purchase program, REPDO designated 300 MW of solar ability to a solitary center, the Sakaka solar project which is currently functional. That very first tender attracted international focus by bring in the most affordable solar power cost ever before quote, with French power titan EDF using to produce solar energy for an LCOE of SAR0.06697/ kWh. The quote was turned down, nevertheless, with Saudi power titan ACWA Power inevitably winning with a deal of SAR0.08872/ kWh. The 3rd round of the program-- planned for alloting one more 1.2 GW of PV-- was released in January.
Apr 3, 2020 // Markets & Finance News, Tariffs, Saudi Arabia, tender, Asia, NREP
$2.2B Financed for Saudi's Largest Solar Project
consortium of local, regional and international banks. The project is part of Saudi Arabia’s energy transition strategy to support the government’s vision
Jul 17, 2023 // Plants, Large-Scale, Commercial, Markets & Finance News, Saudi Arabia, Asia, ACWA Power, PV Power Plant, Solar Project
Saudi Aramco joins ACWA-led consortium creating 1.5 GW PV plant
its experience and understanding in the worldwide renewables market back to Saudi Arabia. "The project will motivate Saudi companies to take part in the application
Aug 16, 2021 // Plants, Large-Scale, Commercial, Saudi Arabia, Asia, ACWA Power, PV Power Plant, aramco
ACWA Power has actually IPO accepted by Saudi market authority
business version. "We are now well-positioned to catch substantial chances in Saudi Arabia along with in appealing markets globally, including utility-scale green
Sep 3, 2021 // Markets & Finance News, Saudi Arabia, IPO, Asia, ACWA Power
PIF partners with Chinese firms for massive renewable energy manufacturing
Saudi Arabia's Public Investment Fund (PIF) has signed joint venture agreements with Chinese companies to localize the manufacturing of solar and wind power equipment in the country. The partnerships aim to establish manufacturing capacities of 4 GW for wind turbines, 10 GW for solar cells and modules, and 20 GW for solar ingots and wafers annually. These agreements are part of PIF's efforts to advance renewable energy production in Saudi Arabia and meet local content commitments, with a focus on increasing the share of local production in renewable projects by 2030.The joint ventures involve PIF's Renewable Energy Localization Company (RELC) and Vision Industries, with Chinese companies Envision Energy and TCL Zhonghuan Renewable Energy Technology Co Ltd as key partners. These initiatives are expected to bring advanced technologies to the renewable energy sector in Saudi Arabia, positioning the country as an exporting hub for renewable products and services. What are the goals of Saudi Arabia's joint ventures with Chinese companies in renewable energy? Localize manufacturing of solar and wind power equipment in Saudi Arabia Establish manufacturing capacities of 4 GW for wind turbines, 10 GW for solar cells and modules, and 20 GW for solar ingots and wafers annually Advance renewable energy production in Saudi Arabia Meet local content commitments and increase the share of local production in renewable projects by 2030 Bring advanced technologies to the renewable energy sector in Saudi Arabia Position Saudi Arabia as an exporting hub for renewable products and services
Jul 17, 2024 // Plants, China, Asia, PIF
L&T Picks LONGi for Saudi Projects With 1292 MW Module Order
on further projects throughout India and also the Middle East." The win for Saudi Arabia comes also as LONGi sales in India have been badly interfered with by the 40%
Dec 1, 2022 // Markets & Finance News, LONGi, L&T, Dennis She, A Ravindran, agreement 1292 MW deal, EPC Contract, Saudi Arabia solar
GameChange Solar Doubles Saudi Production Capacity to 6 GW by September
its push into the Gulf renewables market, announcing plans to lift its Saudi Arabian manufacturing output to 6 GW per year by September 2025—twice its
Jun 3, 2025 // Manufacturing News, Saudi Arabia, Asia, GameChange Solar, solar trackers, manufacturing expansion, Vision 2030
NADEC's 30-MW solar farm in Saudi Arabia starts procedure
Works on a 30-MW solar farm in the region of Haradh in eastern Saudi Arabia have actually been settled after numerous hold-ups, and also the plant will certainly begin delivering power to the National Agricultural Development Co (TADAWUL:6010), or NADEC, under a power acquisition contract (PPA).
Nov 1, 2021 // Plants, Large-Scale, Commercial, Saudi Arabia, NADEC, Asia, PV Power Plant, solar farm