SPPC reveals plans for five renewable energy projects across Saudi Arabia ...United Arab Emirates

The Saudi Power Procurement Company (SPPC) has revealed that it plans to float five renewable energy projects across the Kingdom with a total capacity of 3,300MW as part of the fourth phase of the National Renewable Energy Program’s projects. Of the five projects, three will be utilising wind energy to produce electricity, while the other two will make use of solar energy, a statement from SPCC said. It will also be the principal buyer, the statement added. In March 2022, Acwa Power and SPPC inked a deal to develop 700MW of solar projects while, in June 2022, Acwa Power inked a PPA with SPPC for a $107mn solar PV plant. Once operational, the total production from these wind energy projects

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