Logo ofSaudi Power Procurement Company (SPPC)
The Saudi Power Procurement Company (SPPC), the principal buyer, has announced the opening of bidding qualification for three projects under the eighth phase of the National Renewable Energy Program, with a combined capacity of 3,200 megawatts (MW) of solar and wind power.
The phase includes three projects: the 900 MW Tumair Solar PV Project in Riyadh Region and the 1,000 MW East Al Amwah Solar PV Project in Asir Region, SPA reporte.
It also includes the 1,300 MW Al Muzayriah Wind Power Project in Makkah Region.
Accordingly, solar power projects account for 1,900 MW of the eighth phase’s total capacity, while wind power projects account for 1,300 MW.
The projects are being launched under the National Renewable Energy Program, led and supervised by the Ministry of Energy, which aims to harness renewable energy resources across various regions of the Kingdom and contribute to displacing liquid fuels in the power generation sector.
It added that the program seeks to achieve an optimal energy mix for electricity generation, with renewable energy sources and energy storage systems expected to account for around 50% of the energy mix by 2030.
SPPC is responsible for preparing preliminary studies and tendering power generation projects, in addition to signing power purchase agreements and energy storage services agreements with the developing consortia.
Logo ofSaudi Power Procurement Company (SPPC)
The Saudi Power Procurement Company (SPPC), the principal buyer, has announced the opening of bidding qualification for three projects under the eighth phase of the National Renewable Energy Program, with a combined capacity of 3,200 megawatts (MW) of solar and wind power.
The phase includes three projects: the 900 MW Tumair Solar PV Project in Riyadh Region and the 1,000 MW East Al Amwah Solar PV Project in Asir Region, SPA reporte.
It also includes the 1,300 MW Al Muzayriah Wind Power Project in Makkah Region.
Accordingly, solar power projects account for 1,900 MW of the eighth phase’s total capacity, while wind power projects account for 1,300 MW.
The projects are being launched under the National Renewable Energy Program, led and supervised by the Ministry of Energy, which aims to harness renewable energy resources across various regions of the Kingdom and contribute to displacing liquid fuels in the power generation sector.
It added that the program seeks to achieve an optimal energy mix for electricity generation, with renewable energy sources and energy storage systems expected to account for around 50% of the energy mix by 2030.
SPPC is responsible for preparing preliminary studies and tendering power generation projects, in addition to signing power purchase agreements and energy storage services agreements with the developing consortia.
