Sudair Solar PV Park is a 1,500MW solar PV power project. It is planned in Al Riyadh, Saudi Arabia. The project is currently in financed stage. It will be developed in single phase. Post completion of the construction, the project is expected to get commissioned in 2023.
| Project Type | Total Capacity (MW) | Active Capacity (MW) | Pipeline Capacity (MW) | Project Status | Project Location | Project Developer | Solar PV | 1,500 | – | 1,500 | Financed | Al Riyadh, Saudi Arabia | ACWA Power International; Saudi Aramco Power |
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Description
The project is being developed and currently owned by ACWA Power International and Saudi Aramco Power. The company’s ownership stake in the project stands as 35% and 30% respectively.
Sudair Solar PV Park is a ground-mounted solar project.
The project is expected to supply enough clean energy to power 185,000 households, to offset 2,900,000t of carbon dioxide emissions (CO2) a year. The project cost is expected to be around $905.402m.
Development Status
Post completion of the construction, the project is expected to get commissioned in 2023.
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.
Contractors Involved
Abengoa Solar, China Energy Engineering and Larsen & Toubro are expected to render EPC services for the solar PV power project.
About ACWA Power International
International Company for Water and Power Projects (ACWA Power) is a power generation company. It is engaged in providing power and desalinated water at low cost efficiently. It also supplies electricity and potable water to its customers in the region. It generates power through coal, thermal, oil, gas, solar and wind technologies. ACWA Power also offers operation and maintenance services to power and water desalination industry through its subsidiary, the First National Operations & Maintenance Company. The company has operations across the Middle East, Africa and Asia. ACWA Power is headquartered in Riyadh, Saudi Arabia.
About Saudi Aramco Power
Saudi Aramco Power Co (Saudi Aramco Power) focuses in the power and utilities sector .The company is located in Saudi Arabia.
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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