TheSaudi Power Procurement Company (SPPC)has unveiled the shortlisted bidders for the highly anticipated fourth round of solar projects within the National Renewable Energy Program (NREP). Under the auspices of the Ministry of Energy, NREP seeks to transform Saudi Arabia’s power generati...
Saudi Power Procurement Co. has signed two power purchase agreements with a consortium led by Japan's Marubeni Corporation, The signing took place in Tokyo during the Saudi-Japan Vision 2030 Business Forum on May 21 marking a significant step in the fourth phase of Saudi Arabia's National ...
公司回答表示,您好,公司全资子公司晶科香港已与购电方Saudi Power Procurement Company签署购售电协议,并在沙特阿拉伯当地完成设立全资下属公司的登记手续,具体内容详见公司于2022年6月16日在上海证券交易所网站(www.sse.com.cn)披露的《关于投资建设沙特阿拉伯300MW光伏发电项目的进展公告》(公告编号:2022-081)。截至目...
The Saudi Power Procurement Company was fully nationalised in August 2022, by the Saudi Ministries of Finance and Energy, after they bought up shares in one of the firm’s subsidiaries. The Ministries said that the Kingdom’s government had bought up Saudi Electricity Company, which meant that ...
Saudi Arabian utility developer ACWA Power has signed a power purchase agreement (PPA) valued at $1.75 billion with Saudi Power Procurement Co. (SPPC) for the largest solar plant in the MENA region in which the Saudi wealth fund, Public Investment Fund (PIF), will be a partner. ...
Linklaters advised Saudi Power Procurement Company (SPPC) on the procurement and financial close of four greenfield combined cycle gas-fired independent power projects (IPPs) in the Taiba and Qassim regions of the Kingdom of Saudi Arabia. The total of four projects, with a capacity of 1.8GW ea...
“We are delighted to see the project progress to the construction stage,” said Osama bin Abdul Wahab Khawandanah, CEO of theSaudi Power Procurement Co., a subsidiary of theSaudi Electricity Co.(SEC). In line with the Kingdom’s Vision 2030 strategy, the Saudi government is planning to ...
For instance, in February 2024, the Saudi Power Procurement Company (SPPC) announced qualified bidders for the fifth round of 3.7 GW solar projects under the NREP, attracting major international developers like EDF Renouvelables, Masdar, Itochu Corporation, and Total Energies Renewables. This ...
It will operate under a 25-year power purchase agreement (PPA) with Saudi Power Procurement Company (SPPC). A consortium of Mahindra Susten and Chint has been picked as the engineering, procurement and construction (EPC) contractor on the project. (SAR 1.0 = USD 0.267/EUR 0.234) (USD ...
Power purchase agreement The power generated from the project is sold to Saudi Power Procurement Company under a power purchase agreement for a period of 25 years. Contractors involved A consortium comprised of Indian company Mahindra Susten and Chinese company Chint Solar (Zheijang) secured the engi...