Tag: Saudi Power Procurement Company

Construction & Real Estate

Saudi Energy signs three battery storage deals worth $867m

Saudi Energy Company has signed three Storage Services Agreements with the Saudi Power Procurement Company (SPPC) for the development of battery energy storage projects with a combined capacity of 1,500MW/6,000MWh across Saudi Arabia....

Construction & Real Estate

Saudi Energy-Acwa, Engie consortiums land $1.16bn BESS projects contract

The Saudi Power Procurement Company (SPPC), the Principal Buyer, has awarded consortiums of Saudi Energy and Acwa Power as well as French utility major Engie contracts worth over SAR4.35 billion ($1.16 billion) for the first group of Battery Energy Storage System (BESS) projects in Saudi Arabia....

Construction & Real Estate

Saudi Arabia extends RFQ deadline for Round 3 of conventional IPPs

The Saudi Power Procurement Company (Principal Buyer) has extended the deadline for submitting RFQs for the third round of conventional IPP projects, based on combined cycle gas turbine technology, to August 23. These projects will be developed under the build-own-operate (BOO) model. ...

Construction & Real Estate

Saudi Arabia kicks off qualification bid for 12,000MWh projects

Saudi Power Procurement Company (Principal Buyer) has launched the qualification bid process for the second group of Battery Energy Storage System (BESS) projects. The combined capacity of Group 2 BESS projects is 3000MW for a 4-hour storage duration (12,000 MWh). ...

Construction & Real Estate

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. ...

Construction & Real Estate

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. ...

Construction & Real Estate

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. ...