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Saudi Arabia launches renewable energy plan, bringing together top global companies

Among these companies there is also China with JinkoSolar e China Power Construction

As the global demand for renewable energy grows, Saudi Arabia, as a major energy country in the Middle East, is actively embracing this wave of green transformation. Recently, the Saudi Power Procurement Company (SPPC) officially announced the list of selected bidders for the final phase of the fifth round of Saudi Arabia’s National Renewable Energy Plan (NREP).

This news not only marks Saudi Arabia’s firm determination to promote the development of renewable energy, but also attracts the attention of many well-known companies around the world.

Official photo Saudi Power Procurement Company (SPPC)

The published list includes leaders in the international renewable energy field such as the United Arab Emirates' Masdar, Saudi Arabia's Al Jomaih Energy & Water Company (AEW), Saudi developer Alfanar and Thai industrial giant B.Grimm Group. Furthermore, these also include world-renowned companies such as EDF Renouvelables, the renewable energy arm of the French energy giant EDF, Japan's Itochu Corporation and China's JinkoSolar.

The list of “members of management” is also equally eye-catching. In fact, it includes international energy giants such as the Greek group GEK Terna, the Thai Gulf Energy Development Public Company Limited, the Japanese Jera and China Power Construction.

According to SPPC documents, the PV power plant projects in the tender this time include the 2 GW (AC) Al Sadawi power plant in eastern Saudi Arabia, the 1 GW (AC) Al Masa'a project in the province of Hail in the north and the 1 GW (AC) Al Masa'a project in the western province of Madinah, the 400 MW (AC) Al Henakiyah 2 power plant and the 300 MW (AC) Rabigh 2 power plant in Western Governorate of Mecca.

It is worth mentioning that these projects will be overseen by the SPPC, which will be responsible for procuring power from independent power producers. As the main agency for power procurement in Saudi Arabia, SPPC will be responsible for energy pre-development, bidding and subsequent procurement to ensure the smooth progress of the project and the stable supply of energy.

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