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Acwa Power, Badeel And Sapco To Develop 15 Gw Of Clean Energy Projects In Saudi Arabia

powerplant
Jul 16, 2025
Article Source LogoRenewable Watch
Renewable Watch

ACWA Power, in partnership with Badeel and the Saudi Aramco Power Company (SAPCO), has entered into power purchase agreements (PPAs) with the Saudi Power Procurement Company (SPPC) for the development of seven utility-scale renewable energy projects. These include five solar photovoltaic (PV) plants and two wind power projects, with a cumulative generation capacity of 15 GW. 

The projects, with an estimated investment of $8.3 billion, are planned to add 12 GW of solar PV and 3 GW of wind energy to the national grid. The solar PV projects include the 3,000 MW Bisha plant in the Asir province, the 3,000 MW Humaij facility in Madinah, the 2,000 MW Khulis project in Makkah, and the 2,000 MW Afif1 and 2,000 MW Afif2 projects in Riyadh. The wind projects comprises the 2,000 MW Starah and 1,000 MW Shaqra projects, both located in the Riyadh province. The ownership of all seven projects will be shared between ACWA Power, Badeel, and SAPCO.

These projects are scheduled to become operational in phases between the second half of 2027 and the first half of 2028. Financial closure for the portfolio is expected by the third quarter of 2025. With the addition of these seven new plants, ACWA Power now has 21 solar and wind energy projects under development or operation in Saudi Arabia, totaling over 34 GW of renewable capacity in the kingdom. 

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