Saudi Power Procurement Company (SPPC)

Company description

Saudi Power Procurement Company (Principal Buyer) creates legal separation of generation from transmission and distribution facilitates to originate competition among IPPs and the national utility’s power plants

Company details

City:
Riyadh
Address:
Riyadh, Saudi Arabia SEC Headquarter, Tower C

Participation in projects

Projects Transactions
List of the updates in which the company was involved

Company updates

  • December 09, 2022

    PPA signed for 2.06 GW Solar PV project in Saudi Arabia

    Power purchase agreements signed for the 2.06 GW Al Shuaibah 2 solar project in Mecca, Saudi Arabia.

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  • June 08, 2022

    ACWA Power signs PPA for 91 MW Layla solar PV project in Riyadh

    ACWA Power has signed a 30-year Power Purchase Agreement (PPA) with the Saudi Power Procurement Company for energy produced from the 91 MW Layla solar photovoltaic IPP project located in the...

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  • March 11, 2022

    ACWA Power signs PPA for 700 MW Solar PV project in Saudi Arabia

    ACWA Power and the Saudi Power Procurement Company (SPPC) have signed a power purchase agreement (PPA) for the 700 MW Ar Rass solar photovoltaic plant in Saudi Arabia’s Al Qassim province.

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  • March 10, 2022

    Jinko Power signs PPA for 300 MW Solar PV project in Saudi Arabia

    Jinko Power Technology Co. Ltd. has signed a 25-year power purchase agreement with Saudi Power Procurement Company (SPPC) for the 300 MWp Saad solar photovoltaic project.

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  • January 24, 2022

    PV Hardware to supply solar trackers for 387 MWp South Jeddah Noor PV project

    Spanish solar tracker solutions provider PV Hardware (PVH) has been commissioned by a consortium of Masdar, EDF Renewables, and Nesma Company, to provide solar trackers for the 387 MWp solar phot...

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  • November 26, 2021

    Saudi Arabia shortlists bidders 1.2 GW solar tender

    The Saudi Arabian Ministry of Energy has released a list of bidders shortlisted for the country’s National Renewable Energy Program (NREP) round 3 auction. Winners, once announced, will enter in...

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  • August 18, 2021

    Financial close achieved for 1.5 GW solar project in Saudi Arabia

    ACWA Power has announced the financial close for the 1500 MW Sudair Solar plant, a key project under the Public Investment Fund (PIF) renewable energy program.

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  • August 11, 2021

    400 MW Onshore wind farm in Saudi Arabia starts electricity generation

    Masdar, one of the world’s leading renewable energy company announced that Dumat Al Jandal, the Middle East’s largest wind farm, has been successfully connected to the grid and started ele...

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  • April 23, 2021

    EDF completes half of construction works for 400 MW Onshore Wind Project in Saudi Arabia 

    The consortium led by EDF Renouvelables and Masdar announced the execution of half of the construction works for 400 megawatts (MW) wind farm project located in Dumat Al Jandal in Saudi Arabia.

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  • April 19, 2021

    PIF signs PPA with Saudi Power Procurement Company for Sudair Solar PV Plant

    The Public Investment Fund has launched the Sudair Solar Photovoltaic Plant in Sudair Industrial City, with a PIF-backed consortium signing a power purchase agreement with the Saudi Power Procurement...

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