Saudi Power Procurement Company Archives

Saudi Arabia Launches Qualification for 12,000 MWh Second Group of Battery Energy Storage Projects

April 23, 2026 Mohammad S

The Saudi Power Procurement Company “Principal Buyer”, under the supervision of the Ministry of Energy, has commenced the qualification process for the Second group of …

Saudi Energy Co. and Acwa Announces the signing of $3 billion PPA for Rabigh 2 IPP Expansion Project

April 19, 2026 Mohammad S

Saudi Energy Co. and Acwa announces the signing of a Power Purchase Agreement (PPA) with Saudi Power Procurement Company (“Principal Buyer”) for a large-scale Combined …

L&T Awards 2.25 GW Solar Tracking Systems to Nextpower Arabia for Bisha Solar PV Project

January 29, 2026 Mohammad S

Nextpower Arabia, the newly formed joint venture between Nextpower (formerly Nextracker) and Abunayyan Holding, announced that it will provide 2.25 gigawatts (GWp) of advanced solar …

JBIC Signs Financing Agreement for Yanbu Wind Power Generation Project in Saudi Arabia

January 27, 2026 Mohammad S

The Japan Bank for International Cooperation (JBIC) signed a loan agreement in project financing amounting up to approximately USD152 million (JBIC portion) with RIYAH AL …

Saudi Electricity Co. Signs $1.4 billion Rabigh 1 Power Plant Expansion Project

January 22, 2026 Mohammad S

Saudi Electricity Company (SEC) has announced the signing of an Energy Conversion Agreement (ECA) for the purchase of energy produced from the Rabigh 1 Expansion …

Qualified Developers Announced for Round 7 Solar PV and Wind IPP Projects in Saudi Arabia

January 6, 2026 Mohammad S

Saudi Power Procurement Company (Principal Buyer) announces the Qualified Developers for the seventh round of solar and wind projects under the National Renewable Energy Program …

Energy China JV awarded EPC Contract for Samtah 600MW Solar PV Project

December 28, 2025 Mohammad S

Energy China JV consist of CPECC Intl, ECEPDI and HPCC awarded the EPC Contract for the development of the 600MW Samtah Solar PV Power Project …

1,400 MW: Firms announces Financial Close for Al Masa’a and Al Henakiyah-2 Solar Power Plant

November 6, 2025 Mohammad S

A consortium led by EDF Power Solutions and SPIC Huanghe Hydropower Development Co., Ltd. (SPIC HHDC), in partnership with Saudi Aramco Power Company (SAPCO), a …

4,500MW: Saudi Arabia awards $2.4 Billion Renewable Energy Projects

October 27, 2025 Mohammad S

In the presence of Prince Abdulaziz bin Salman bin Abdulaziz Al Saud, Minister of Energy and Chairman of the Board of Directors of the Saudi …

SEC Signs Power Purchase Agreements for 3,356 MW CCGT Power Plants

October 26, 2025 Mohammad S

Saudi Electricity Company (SEC) announces signing of Power Purchase Agreements for 2 large scale CCGT power plants with a combined production capacity of 3,356 MW …