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    SPPC Announces Shortlisted Bidders en

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    Faheem PP13
    SPPC announced the shortlisted bidders for two solar projects with a total capacity of 1500 MW. The projects will attract over 4 billion Saudi Riyals in investments and supply power to approximately 265,000 residential units annually, contributing to Saudi Arabia's goal of 50% renewable energy by 2030 under the National Renewable Energy Program.

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    SPPC Announces Shortlisted Bidders en

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    Faheem PP13
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    SPPC announced the shortlisted bidders for two solar projects with a total capacity of 1500 MW. The projects will attract over 4 billion Saudi Riyals in investments and supply power to approximately 265,000 residential units annually, contributing to Saudi Arabia's goal of 50% renewable energy by 2030 under the National Renewable Energy Program.

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    SPPC Announces Shortlisted Bidders En

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    SPPC announced the shortlisted bidders for two solar projects with a total capacity of 1500 MW. The projects will attract over 4 billion Saudi Riyals in investments and supply power to approximately 265,000 residential units annually, contributing to Saudi Arabia's goal of 50% renewable energy by 2030 under the National Renewable Energy Program.

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    © All Rights Reserved
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    Download as pdf or txt
    7 views2 pages

    SPPC Announces Shortlisted Bidders en

    Uploaded by

    Faheem PP13
    SPPC announced the shortlisted bidders for two solar projects with a total capacity of 1500 MW. The projects will attract over 4 billion Saudi Riyals in investments and supply power to approximately 265,000 residential units annually, contributing to Saudi Arabia's goal of 50% renewable energy by 2030 under the National Renewable Energy Program.

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    SPPC Announces Shortlisted Bidders for Round 4 Solar Projects with a

    Total Capacity of 1500 MW

     SPPC announced the Shortlisted Bidders for the 1100 MW Al Henakiyah Solar PV and the 400
    MW Tabarjal Solar PV.
     The projects will attract total investments exceeding 4 Billion Saudi Riyals (1.06 Billion USD) and
    will contribute to supplying power to approximately 265,000 residen al units annually.

    RIYADH – The Saudi Power Procurement Company (SPPC) has announced the shortlisted bidders for the
    fourth round of solar projects under the Na onal Renewable Energy Program (NREP).

    Under the leadership and supervision of the Ministry of Energy, NREP aims to transform the Kingdom's
    power genera on energy mix to achieve 50% renewable energy by 2030.

    In December 2022, SPPC launched the Request for Proposals (RFP) for Round 4 (R4) Solar PV projects
    which includes the 1100 MW Al Henakiyah Solar PV and the 400 MW Tabrajal Solar PV. In June 2023, three
    bids were received for each project. Bids were evaluated to ensure compliance with the RFP's technical
    and commercial requirements.

    The list of the shortlisted bidders in the R4 Solar PV projects is as follows:

    Managing Technical Consortium LCOE LCOE


    Project Bidder
    Member Member Member (Hals/kWh) (USDc/kWh))
    Abu Dhabi
    Bidder #1 EDF
    Future Energy Nesma Company
    (Shortlisted) Renouvelables 6.31575 1.68420
    Al Henakiyah
    (1100 MW)

    Company PJSC Limited


    S.A.
    (Masdar)
     Sun Glare
    Bidder #2 Jinko Power Jinko Power
    Holding Co. Ltd.
    (Shortlisted) (HK) Company (HK) Company 6.42126 1.71234
     Sunlight Energy
    Limited Limited
    Holding Co. Ltd.
     Sun Glare
    Bidder #1 Jinko Power Jinko Power
    Holding Co.Ltd.
    (Shortlisted) (HK) Company (HK) Company 6.40482 1.70795
     Sunlight Energy
    (400 MW)

    Limited Limited
    Tabarjal

    Holding Co. Ltd.


    Abu Dhabi
    Bidder #2 EDF
    Future Energy Nesma Company
    (Shortlisted) Renouvelables 7.25967 1.93591
    Company PJSC Limited
    S.A.
    (Masdar)
    The projects will a ract investments exceeding 4 Billion Saudi Riyals (1.06 Billion USD). Each project will
    be developed on a build, own, and operate (BOO) basis by a project company, which will be 100% owned
    by the successful bidder. Furthermore, each project company will enter into a 25-year power purchase
    agreement with SPPC.

    The projects will supply power to approximately 265,000 residen al units annually. Both projects adhere
    to the local content requirements, and contribute to the kingdom’s economy.

    SPPC is responsible for the predevelopment, tendering, and subsequently o ake Energy from the projects
    under Ministry of Energy Supervision. To date, SPPC has awarded over 11 GW of renewable energy
    capacity under NREP.

    For more informa on about NREP, please visit h ps://powersaudiarabia.com.sa

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