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November 15, 2021

SoftBank Saudi Arabia Solar PV Park 3, Saudi Arabia

By Carmen

SoftBank Saudi Arabia Solar PV Park 3 is a 1,800MW solar PV power project. It is planned in Saudi Arabia. The project is currently in announced stage. It will be developed in single phase. Post completion of the construction, the project is expected to get commissioned in 2024.

Project Type Total Capacity (MW) Active Capacity (MW) Pipeline Capacity (MW) Project Status Project Location Project Developer
Solar PV 1,800 1,800 Announced Saudi Arabia

Description

The project is currently owned by SoftBank Capital.

SoftBank Saudi Arabia Solar PV Park 3 is a ground-mounted solar project.

The project cost is expected to be around $1,200m.

Development Status

Post completion of the construction, the project is expected to get commissioned in 2024.

Methodology

All power projects included in this report are drawn from GlobalData’s Power Intelligence Center. The information regarding the project parameters is sourced through secondary information sources such as electric utilities, equipment manufacturers, developers, project proponent’s – news, deals and financial reporting, regulatory body, associations, government planning reports and publications. Wherever needed the information is further validated through primary from various stakeholders across the power value chain and professionals from leading players within the power sector.

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