Saudi Arabia released a request for qualification for competition for four new solar projects within the fifth phase of the National Renewable Energy Program (NREP). The Saudi government is exerting efforts to replace fuel with gas and renewable energy sources in electricity production. The Saudi Power Procurement Company (Principal Buyer) recently signed two power purchase agreements with a total capacity of 1,500 megawatts.
As part of the Saudi government’s efforts to achieve global leadership and the optimal mix in the renewable energy sector, the Kingdom is making accelerated efforts to replace liquid fuels with gas and renewable energy sources in electricity production. On Tuesday, the Saudi Power Procurement Company (SPPC) signed two agreements to purchase energy with a total capacity of 1,500 megawatts.
The Saudi Power Procurement Company (SPPC) has announced the signing of a power purchase agreement for the Tabarjal Solar PV project under the National Renewable Energy Programme. The 400 MW plant will help power 75,000 residential units annually.
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