Saudi Power Procurement Company Signs PPA For 400 MW Tabarjal Solar PV Project

Representational image. Credit: Canva

The Saudi Power Procurement Company (SPPC) has signed a Power Purchase Agreement (PPA) for the 400 MW Tabarjal Solar PV project in Round 4 of the National Renewable Energy Program (NREP).


The PPA was inked with a consortium led by Jinko Power (HK) Company Limited, along with Sun Glare Holding Co. and Sunlight Energy Holding Co.


This solar project is expected to provide electricity to approximately 75,000 homes annually, and it has achieved a competitive Levelized Cost of Electricity (LCOE) at 1.70795 USDc/kWh (6.40482 halalas/kWh).


The NREP, overseen by the Ministry of Energy, is aligned with Vision 2030’s goals, aiming to diversify the energy mix and reduce reliance on liquid fuels, with the target of achieving a 50% share of renewables in the energy mix by 2030.

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.