Shandong Electric Power Construction Corporation No. 3 (Sepco3), a subsidiary of China Electric Power Construction Corporation has awarded the EPC contract for the 700MW Yanbu Wind Energy Project.

The agreement for Yanbu (YAN) wind power project was signed with a consortium led by Japan’s Marubeni Corporation under the National Renewable Energy Programme (NREP).

Located in Madinah Province, the Round 4 YAN wind power project has a unit capacity of 700MW.

Sepco3 said it is another breakthrough green energy achievement made by the company in the Saudi market.

This project is the third large-scale wind power project undertaken by Sepco3 in Saudi Arabia after the construction of the Saudi Alghat 600MW wind power EPC project and the Waad Shamal 500MW wind power EPC project.

The project aims to support Saudi Arabia in achieving 50 per cent renewable energy by 2030, improving economic benefits and optimising its energy structure.