Shanghai Electric wins EPC contract for 2GW Saudi PV project

By Carrie Xiao
November 27, 2024
Facebook
Twitter
LinkedIn
Reddit
Email
Al-Sadawi project is the largest PV project in Saudi Arabia’s latest renewables procurement round. Image: Saudi Power Procurement Company

Chinese firm Shanghai Electric has won the engineering, procurement and construction (EPC) contract to build the 2GW Al-Sadawi PV project in Saudi Arabia.

The project is part of the fifth round of Saudi Arabia’s National Renewable Energy Program (NREP) and is located in the Eastern Province.

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

Earlier this month, a consortium of developers led by Masdar, the Korea Electric Power Corporation (Kepco) and GD Power Development of China signed a power purchase agreement (PPA) with Saudi Power Procurement Company (SPPC).

Saudi Arabia is aiming to achieve a 30% renewable energy target by 2030 through its National Renewable Energy Program (NREP). To date, the fifth round of NREP PV projects has pushed the total renewable energy capacity that Saudi Arabia has tendered publicly to 10,300MW, of which 79% (about 8,100MW) are PV projects and the rest wind.

Meanwhile, the Saudi Ministry of Energy plans to purchase 20GW of renewable energy annually from this year until 2030.

10 March 2026
Frankfurt, Germany
The conference will gather the key stakeholders from PV manufacturing, equipment/materials, policy-making and strategy, capital equipment investment and all interested downstream channels and third-party entities. The goal is simple: to map out PV manufacturing out to 2030 and beyond.

Read Next

October 30, 2025
Meridian Energy, a New Zealand state-owned energy company, has begun the construction of its 230GWh Ruakaka solar plant. 
October 29, 2025
French firms TotalEnergies and EDF, with local partners, secured contracts for 400MW and 600MW solar projects in Saudi Arabia, supporting Vision 2030 renewable goals.
October 28, 2025
GreenYellow plans to invest US$116 million in Poland over the next three years to expand its installed capacity and customer base.
October 28, 2025
GoldenPeaks Capital secures EUR114 million (US$132 million) financing package for two solar PV Portfolio in Poland.
October 28, 2025
Chinese solar inverter producer GoodWe has launched a new “low noise, low weight” string inverter for the European corporate & industrial solar market.
October 28, 2025
Fotowatio Renewable Ventures (FRV) Australia has announced the development of a 210MWdc solar project in New Zealand's Rangitikei District.

Subscribe to Newsletter

Upcoming Events

Upcoming Webinars
November 12, 2025
10am PST / 1pm EST
Solar Media Events
November 25, 2025
Warsaw, Poland
Solar Media Events
December 2, 2025
Málaga, Spain
Solar Media Events
February 3, 2026
London, UK
Solar Media Events
March 10, 2026
Frankfurt, Germany