Tag: Saudi Power Procurement Company

Energy, Oil & Gas

Acwa signs $3bn PPA for Rabigh 2 power plant expansion

Acwa signed a $3 billion power purchase agreement (PPA) with Saudi Power Procurement Company for the Rabigh 2 expansion, a 2,313.5 MW gas-fired plant in Makkah, including future carbon capture readiness and a 380 kV substation upgrade....

Energy, Oil & Gas

Saudi Energy seals $3.1bn power purchase deal for Rabigh 2 project

Saudi Energy said it has signed a SAR11.5 billion ($3.1 billion) agreement with Saudi Power Procurement Company (SPPC) for the Rabigh 2 IPP project located in Makkah province, which on completion will boast a large-scale CCGT power plant with 2,313.5 MW generation capacity. ...

Energy, Oil & Gas

Saudi Arabia unveils qualified bidders for 5.3GW renewable energy projects

Saudi Power Procurement Company has unveiled the qualified bidders for the seventh round of solar and wind projects with a total 5.3GW capacity. These include global leaders such as EDF, Engie, TotalEnergies, Kepco and Marubeni along with regional players such as Masdar and Alfanar. ...

Energy, Oil & Gas

Saudi Arabia awards $2.4bn renewable energy projects

Saudi Power Procurement Company has awarded SAR9 billion ($2.4 billion) renewable energy projects to consortiums of leading global players such as French group TotalEnergies, Korea Electric Power Corporation as well as regional heavyweight Masdar. ...