Saudi Arabia Signs PPA for 5.5 GW of Solar Power Projects

NEW DELHI--July 25, 2024--Researched by Industrial Info Resources (Sugar Land, Texas)--The Saudi Power Procurement Company (SPPC) (Riyadh, Saudi Arabia) has signed power purchase agreements (PPA) for three new photovoltaic solar projects totaling 5.5 gigawatts (GW), which include two 2,000-megawatt (MW) projects to be developed at Haden and Muwayh in the Makkah region and the 1,500-MW Al Khushaybi plant in the Qassim region. Industrial Info is tracking more than 50 renewable energy projects across Saudi Arabia, worth about US$32 billion.