The company has already built the 300MW South Jeddah Noor solar project, and has the 1.1GW Al Henakiyah and 250MW AMAALA solar-plus-storage project in its pipeline. As part of the Al Sadawi announcement, the Saudi Power Procurement Company, a state-owned enterprise, signed a PPA with the Masdar consortium.
Image: Saudi Power Procurement Company. Saudi Arabia has awarded the 2GW Al Sadawi solar project to a consortium led by UAE state-owned developer Masdar, and signed a power purchase agreement (PPA) to acquire electricity generated at the project.
The ambitious target of Saudi Arabia’s National Renewable Energy Program sees the Kingdom aiming for a solar energy capacity of 40 gigawatts by 2030, promising significant opportunities for the market in the years to come.
Set to be one of the world’s largest solar plants, the project will contribute substantially to sustainable development and reduce carbon emissions in the Kingdom of Saudi Arabia. Masdar, GD Power of China, Korea Electric Power Corporation (KEPCO)
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