The consortium led by EDF Renewables Middle East and SPIC Huanghe Hydropower Development Co. Ltd successfully signed the Power Purchase Agreement (PPA) with Saudi Power Procurement Company (SPPC) to develop two solar IPP projects with a combined capacity of 1,400 MW in the Kingdom of Saudi Arabia.
PPA was signed for the following two projects:
- Al-Masaa IPP: The 1000 MWac Al Masa’a IPP to be located in the Hail province
- Al Henakiyah 2 IPP: The 400 MWac Al Henakiyah 2 IPP to be located in Madinah province
Béatrice Buffon Buffon, EDF Group Vice-President, International Division, and Chairwoman & CEO of EDF Renewables emphasized, “𝘛𝘩𝘦 𝘢𝘸𝘢𝘳𝘥 𝘰𝘧 𝘵𝘩𝘦𝘴𝘦 𝘵𝘸𝘰 𝘴𝘪𝘨𝘯𝘪𝘧𝘪𝘤𝘢𝘯𝘵 𝘴𝘰𝘭𝘢𝘳 𝘱𝘳𝘰𝘫𝘦𝘤𝘵𝘴 𝘪𝘴 𝘢𝘯𝘰𝘵𝘩𝘦𝘳 𝘮𝘢𝘫𝘰𝘳 𝘮𝘪𝘭𝘦𝘴𝘵𝘰𝘯𝘦 𝘳𝘦𝘢𝘤𝘩𝘦𝘥 𝘸𝘪𝘵𝘩 𝘵𝘩𝘦 𝘔𝘪𝘯𝘪𝘴𝘵𝘳𝘺 𝘰𝘧 𝘌𝘯𝘦𝘳𝘨𝘺 𝘢𝘯𝘥 𝘚𝘗𝘗𝘊. 𝘌𝘋𝘍’𝘴 𝘴𝘵𝘳𝘰𝘯𝘨 𝘵𝘦𝘤𝘩𝘯𝘪𝘤𝘢𝘭 𝘦𝘹𝘱𝘦𝘳𝘵𝘪𝘴𝘦, 𝘤𝘰𝘮𝘣𝘪𝘯𝘦𝘥 𝘸𝘪𝘵𝘩 𝘦𝘯𝘷𝘪𝘳𝘰𝘯𝘮𝘦𝘯𝘵𝘢𝘭 𝘢𝘯𝘥 𝘴𝘰𝘤𝘪𝘢𝘭 𝘴𝘵𝘢𝘯𝘥𝘢𝘳𝘥𝘴, 𝘢𝘳𝘦 𝘴𝘦𝘵 𝘵𝘰 𝘯𝘢𝘷𝘪𝘨𝘢𝘵𝘦 𝘵𝘩𝘦 𝘥𝘺𝘯𝘢𝘮𝘪𝘤 𝘚𝘢𝘶𝘥𝘪 𝘤𝘭𝘦𝘢𝘯 𝘦𝘯𝘦𝘳𝘨𝘺 𝘮𝘢𝘳𝘬𝘦𝘵.”
The projects will Power 240,000 homes annually, displace over 2.7 million tons of CO₂ each year and boost local employment and contribute to Saudi Arabia’s renewable energy targets.
Read Also: Saudi Arabia signs PPA for 1,700MW Solar PV Projects
