The Saudi Power Procurement Company (SPPC) confirmed the agreements under the NREP fifth round.

Acwa Power aims to close 2024 with 1.3GW of renewable capacity in China.

The project is a key part of the Kingdom’s National Renewable Energy Program (NREP) under Round 5.

The project is part of Oman’s broader strategy to diversify its energy sources, reduce reliance on fossil fuels, and meet its ambitious net-zero target by 2050.

The Green Data Centre holds the Guinness World Record as the world’s largest solar-powered data centre.

The deal, valued at €3.2 billion ($3.3billion), is the largest energy transaction in the history of the Athens Stock Exchange and one of the largest in the European renewables sector.