Saudi Power Procurement Company Archives - Page 2 of 9

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5,300 MW: Saudi Arabia Launches RFQ for Round 7 Renewable Energy Projects

September 16, 2025 Mohammad S

Saudi Power Procurement Company (Principal Buyer) has released a request for qualification (RFQ) for the seventh round of solar and wind projects under the National …

TAQA, JERA and AlBawani Announces Financial Closing of ‘Rumah 2’, ‘Al Nairyah 2’ IPP Projects

September 3, 2025 Mohammad S

Abu Dhabi National Energy Company (TAQA), together with JERA Co., Japan’s largest power generation company and AlBawani Capital (AlBawani), a subsidiary of AlBawani Holding, a …

ACWA Power, SEC and KEPCO announces Financial Close for Rumah 1 and Nairyah 1 IPP Projects

August 25, 2025 Mohammad S

ACWA Power, and Saudi Electricity Company (SEC) in collaboration with Korea Electric Power Corporation (KEPCO), announced the Financial Close for Rumah 1 and Nairyah 1 …

ACWA Power, SEC and KEPCO Secures $3.4 billion Senior Debt Financing for 3.6GW Power Projects

August 8, 2025 Mohammad S

ACWA Power, and Saudi Electricity Company (SEC) in collaboration with Korea Electric Power Corporation (KEPCO), announced the signing of senior debt financing documents for Rumah …

ACWA Power, Badeel and SAPCO Consortium Signs PPA for 15 GW Projects

July 14, 2025 Mohammad S

ACWA Power Company announces the signing of the power purchase agreements (PPA) for Seven Renewable Energy Projects. The Company stated that it has signed the …

Saudi Arabia awards $8.3 Billion Worth 15,000 MW Solar and Wind Energy Projects

July 13, 2025 Mohammad S

In the presence of Minister of Energy and the Board of Directors of the Principal Buyer Prince Abdulaziz bin Salman bin Abdulaziz Al Saud, agreements …

Saudi Arabia Signs Agreement for 700MW Yanbu Wind Energy Project

July 2, 2025 Mohammad S

The Principal Buyer has signed a Power Purchase Agreement (PPA) for Yanbu Wind Energy project under the National Renewable Energy Program (NREP). The Project will …

Rabigh 2 Solar IPP: Aljomaih Energy Achieves $220M Financial Close for 300MW Plant

June 1, 2025 Mohammad S

Aljomaih Energy and Water Company, Saudi Arabia announced that its consortium with France’s TotalEnergies Renewables has achieved financial close on the 300 megawatt (MW) Rabigh …

SEC invite Bids for 380kV Substations of Renewable Energy Projects

March 20, 2025 Mohammad S

Saudi Electricity Company (SEC) invites Bids for 380kV Substations and associated Overhead transmission lines (OHTL) related to upcoming Renewable Energy Projects across Saudi Arabia. Following …

Saudi Electricity Company, ACWA Power Signs Agreement for 3,010 MW Qurayyah IPP Expansion Project

February 20, 2025 Mohammad S

ACWA Power Company, Saudi Electricity Company (SEC) and Haji Abdullah Alireza & Co. Ltd announces the signing of a PPA with the Saudi Power Procurement …

UAE’s RAK Properties and Ellington Properties to jointly develop a premium waterfront residential project in Hayat Island

June 25, 2023

Ras Al Khaimah’s leading publicly listed property developer, and Ellington Properties, Dubai’s award-winning, design-led boutique developer, have signed an agreement to develop a premium residential …

Al Mashariq submits the lowest bid of $68.5 million for 380/132/13.8kV Substation in Tabouk

August 31, 2020

Saudi Electricity Company (SEC) announces the bid results for the project construction of Al Buhairah 380/132/13.8kV Substation. The project location is in Tabouk City, Northern …

Saudi Arabia announces New Oil and Gas Discoveries

April 9, 2025

Ministry of Energy, Saudi Arabia announced that the Saudi Arabian Oil Company –Saudi Aramco– has discovered fourteen Arabian oil and natural gas fields and reservoirs …