Saudi Power Procurement Company Reveals Bidders For 3700 MW Renewable Energy Projects In Round 5

The Saudi Power Procurement Company (SPPC) has disclosed the list of qualified bidders for the fifth round of renewable energy projects, marking a significant stride under the National Renewable Energy Program (NREP).

In collaboration with the Ministry of Energy, SPPC invited applications through the Request for Qualification (RFQ) for NREP’s Round 5 on November 12, 2023. Subsequently, by December 5, 2023, 31 applicants submitted Statements of Qualification (SOQ), with 23 companies securing qualification for lead roles in the ambitious projects.

The cumulative capacity of Round 5 reaches an impressive 3700 MW, comprising four distinct projects strategically located across the Kingdom:

1. [2000] MWac Al Sadawi Solar PV IPP in the Eastern province, KSA.
2. [1000] MWac Al Masa’a Solar PV IPP in the Hail province, KSA.
3. [400] MWac Al Henakiyah 2 Solar PV IPP in the Madinah province, KSA.
4. [300] MWac Rabigh 2 Solar PV IPP in the Makkah Province, KSA.

Under the Ministry of Energy’s guidance, NREP aspires to maximize renewable energy’s contribution to the Kingdom’s energy mix, targeting a 50% share in electricity production from renewables by 2030.

List of Qualified Bidders for Round 5 Projects:

1. Abu Dhabi Future Energy Company PJSC – Masdar
2. Al Jomaih Energy & Water Co., Ltd.
3. Alfanar Company
4. B. Grimm Power Public Company Limited
5. BGL Renewable Energy Systems Installation LLC
6. EDF Renouvelables S.A.
7. FAS Energy KSA LLC
8. GEK TERNA S. A
9. Gulf Energy Development Public Company Limited
10. JERA Co., Inc.
11. Power Construction Corporation of China
12. Saudi Electricity Company
13. ITOCHU Corporation
14. Jinko Power (HK)
15. Kahrabel FZE
16. Korea Electric Power Corporation
17. Marubeni Corporation
18. Nebras Power Q.P.S.C.
19. Nesma Renewable Energy
20. Samsung C&T Corporation
21. SPIC Huanghe Hydropower Development Co. Ltd.
22. Sumitomo Corporation
23. Total Energies Renewables SAS

SPPC, overseeing predevelopment, tendering, and project procurement, has already awarded over 12.6 GW of renewable energy capacity under NREP.