Saad Solar PV Park is a 300MW solar PV power project. It is planned in Al Riyadh, Saudi Arabia. According to GlobalData, who tracks and profiles over 170,000 power plants worldwide, the project is currently at the under construction stage. It will be developed in a single phase. The project construction is likely to commence in 2023 and is expected to enter into commercial operation in 2024. Buy the profile here.
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Description
The project is being developed and currently owned by Jinko Power (HK), Jinko Power Dhafra Holding and Jinko Power Middle East Holding. The owners have 33.33% stake in the project respectively.
Saad Solar PV Park is a ground-mounted solar project.
The project is expected to generate 876,000MWh of electricity.
Development status
The project construction is expected to commence from 2023. Subsequent to that it will enter into commercial operation by 2024.
Power purchase agreement
The power generated from the project will be sold to Saudi Power Procurement under a power purchase agreement for a period of 25 years. The offtake capacity is expected to be 300MW.
See Also:
Contractors involved
Elsewedy Electric T&D is expected to render engineering procurement construction services for the solar PV power project.
For more details on Saad Solar PV Park, buy the profile here.
About Jinko Power (HK)
Jinko Power HK Co Ltd develops, builds, finances, owns and operates solar power plants. The Company offers solar power photovoltaic power station development, investment, construction and management services. The company is headquartered in Hengfeng, Shan
About Jinko Power Dhafra Holding
Jinko Power Dhafra Holding Co Ltd (Jinko Power) specializes in the development, construction, operation, financing and investment of solar power stations. Jinko Power is headquartered in Jinko Power Dhafra Holding is headquartered in the UAE.
About Jinko Power Middle East Holding
Jinko Power Middle East Holding Co Ltd (Jinko Power) specializes in the development, construction, operation, financing and investment of solar power stations. Jinko Power is headquartered in the UAE.
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GlobalData, the leading provider of industry intelligence, provided the underlying research used to produce this article.
This information is drawn from GlobalData’s Power Intelligence Center, which provides detailed profiles of over 170,000 active, planned and under construction power plants worldwide from announcement through to operation across all technologies and countries worldwide.
