Saudi Arabia confirms bidders for 3.6GW solar tender

October 23, 2024
Facebook
Twitter
LinkedIn
Reddit
Email
The largest project tendered in the fifth round is the 2000MW Al-Sadawi Solar PV IPP Project. Image: Saudi Power Procurement Company

The Saudi Power Procurement Company (SPPC) has confirmed a shortlist of bidders for its most recent public solar PV capacity tender.

The fifth round of the National Renewable Energy Programme (NREP) sought proposals for 3.6GW of solar PV capacity across four projects. Each project had two bidders shortlisted, dominated by major Middle Eastern and international energy companies. The bids were first announced in February.

This article requires Premium SubscriptionBasic (FREE) Subscription

Try Premium for just $1

  • Full premium access for the first month at only $1
  • Converts to an annual rate after 30 days unless cancelled
  • Cancel anytime during the trial period

Premium Benefits

  • Expert industry analysis and interviews
  • Digital access to PV Tech Power journal
  • Exclusive event discounts

Or get the full Premium subscription right away

Or continue reading this article for free

The largest project tendered in the fifth round is the 2000MW Al-Sadawi Solar PV IPP Project. The Emirati state-owned renewables developer Masdar (also known as the Abu Dhabi Future Energy Company) and SPIC Huanghe Hydropower Development – a Chinese state-owned power company – were shortlisted for this project as managing members.

SPIC Huanghe Hydropower Development, which is owned by China’s State Power Investment Corporation Limited (SPIC), was also shortlisted for the 1000MW Al-Massaa project alongside the Saudi Al Jomaih Energy and Water Company.

French energy major Totalenergies and utility EDF Renouvables, as well as Masdar, were listed as technical partners for these shortlisted bids.

The other two projects – the 400MW Al-Henakiyah 2 and 300MW Rabigh 2 sites – were shortlisted with bids from Masdar, Huanghe Hydropower and Al Jomaih Energy and Water Company.

The successful bidders will receive a build-own-operate contract for the projects.

The SPPC said that the projects will represent investment of over US$2.13 billion. The NREP seeks to provide 50% of the Kingdom of Saudi Arabia’s power supply through renewable energy generation by 2030.

In September, the SPPC launched the sixth round of the NREP. The government issued a request for proposals for 3GW of solar PV capacity, which will be supplemented with 1.5GW of wind power capacity.

Read Next

March 6, 2026
French energy major TotalEnergies has initiated pilot operations of the first generating unit at its 1GW solar farm in Iraq’s Basra region.
March 6, 2026
Origis Energy has secured US$545 million in financing for three utility-scale solar projects with a combined capacity of 413MW in Texas.
March 6, 2026
Spanish independent power producer (IPP) Zelestra has begun the construction of 253MWdc Echols Grove and 188MWdc Cedar Range projects in Texas.
March 6, 2026
Portland General Electric (PGE) has finalised agreements for more than 1,000MW of new renewable energy and battery energy storage system (BESS) projects in the US state of Oregon.
March 5, 2026
US independent power producer (IPP) Arevon has begun operations at its 430MW Kelso solar PV project in the state of Missouri.
March 5, 2026
Enery has closed a €460 million (US$534 million) syndicated green project financing for a 761MWp solar, 1GWh-plus BESS project in Romania.

Upcoming Events

Solar Media Events
March 24, 2026
Dallas, Texas
Solar Media Events
April 15, 2026
Milan, Italy
Solar Media Events
June 16, 2026
Napa, USA
Solar Media Events
October 13, 2026
San Francisco Bay Area, USA
Solar Media Events
November 3, 2026
Málaga, Spain