Riyadh to tender solar and wind IPPs in Q2

7 March 2025

 

Saudi Arabia’s principal buyer, Saudi Power Procurement Company (SPPC), is expected to issue the request for proposals (RFP) for five solar and wind independent power projects (IPPs) by the second quarter of the year.

SPPC conducted project site visits with the prequalified developers for the four solar PV farms under the sixth procurement round of its National Renewable Energy Programme (NREP) in late January, as MEED reported.

The four solar IPPs have a combined capacity of 3,000MW.

The 1,400MW solar photovoltaic (PV) IPP is located in Najran, while the smallest, the 400MW Al-Sufun solar IPP, is in Hail.

The 600MW Samtah and 600MW Al-Darb solar IPPs are located in Jizan.

SPPC prequalified 16 companies that can bid as managing and technical members for the solar PV IPP contracts. These are:

  • Abu Dhabi Future Energy Company (Masdar, UAE) 
  • Alfanar Company (local)
  • EDF Renewables (France)
  • Kahrabel (Engie, France)
  • FAS Energy (local)
  • Jinko Power (Hong Kong)
  • Korea Electric Power Corporation (Kepco, South Korea)
  • Marubeni Corporation (Japan)
  • Nesma Renewable Energy (local)
  • SPIC Hunaghe Hydropower Development (China)
  • Sumitomo Corporation (Japan)
  • TotalEnergies Renewables (France)
  • AlJomaih Energy & Water (local)
  • Sembcorp Utilities (Singapore)
  • AlGihaz Holding Company (local)
  • Korea Western Power Company (Kowepo, South Korea)

The following five companies have been prequalified to bid as managing partners:

  • Jera Nex (Japan)
  • Power Construction Corporation of China (PowerChina)
  • China Power Engineering Consulting Group International Engineering (China)
  • Posco International (South Korea)
  • Saudi Electricity Company (SEC, local)

Round six of the NREP will have a total combined capacity of 4,500MW, including the 1,500MW Dawadmi wind farm, for which a separate set of bidders has been prequalified.

SPPC issued the prequalification request in September last year and received statements of qualifications from interested developers and developer consortiums in October.

SPPC is responsible for the pre-development, tendering and subsequent offtaking of the energy from the projects.

US/India-based Synergy Consulting is providing financial advisory services to SPPC for the NREP sixth-round tender. Germany’s Fichtner Consulting and US-headquartered CMS are providing technical and legal consultancy services, respectively.


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Jennifer Aguinaldo
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