SPPC announces qualified bidders for Round 5 of renewable energy projects

Logo of Saudi Power Procurement Co. (SPPC)

The Saudi Power Procurement Co. (SPPC) issued the list of qualified bidders for Round 5 of renewable energy projects under the National Renewable Energy Program (NREP) that is supervised by the Ministry of Energy.

On Dec. 5, 2023, SPPC received statements of qualification (SOQ) from 31 applicants, of which a total of 23 companies were qualified for lead roles, Saudi Press Agency reported.

SPPC issued the Request for Qualification (RFQ) of NREP’s Round 5 on the 12th of November 2023.

NREP aims to maximize and optimize the renewables’ share in the Kingdom's energy mix to achieve 50% renewable energy to produce electricity by 2030.

The list of qualified bidders for Round 5 includes managing and technical member, Abu Dhabi Future Energy Co. (Masdar), Al Jomaih Energy & Water Co., Ltd., Alfanar Co., B. Grimm Power Public Co. Ltd. BGL Renewable Energy Systems Installation LLC, EDF Renouvelables S.A., FAS Energy KSA LLC, ITOCHU Corporation, Jinko Power (HK). It also comprises Kahrabel FZE, Korea Electric Power Corp., Marubeni Corporation, Nebras Power Q.P.S.C., Nesma Renewable Energy, Samsung C&T Corp., SPIC Huanghe Hydropower Development Co. Ltd., Sumitomo Corporation, Total Energies Renewables SAS, Managing Member GEK TERNA S. A, Gulf Energy Development Public Co. Ltd, JERA Co., Inc., Power Construction Corporation of China, Saudi Electricity Co.

The combined capacity of Round 5 is 3700 MW and consists of the following projects:

1- [2000] MWac Al Sadawi Solar PV IPP to be located in the Eastern province, KSA.

2- [1000] MWac Al Masa’a Solar PV IPP to be located in the Hail province, KSA.

3- [400] MWac Al Henakiyah 2 Solar PV IPP to be located in Madinah province, KSA.

4- [300] MWac Rabigh 2 Solar PV IPP to be located in the Makkah Province, KSA.

SPPC is responsible for the predevelopment, tendering, and subsequently procuring the Energy from the projects. To date, SPPC has awarded over 12.6 GW of renewable energy capacity under NREP.