
Browsing: SPPC
The agreements, signed with the Saudi Power Procurement Company (SPPC), cover the development of the Rumah-1 and Al-Nairyah-1 power plants.
ACWA Power anticipates that the financial effects of the plant’s operations will be visible in its fourth-quarter earnings for 2024
The projects, each 500 MW/4-hour in size, are strategically located across Saudi Arabia
The projects are set to be developed on a build, own, and operate (BOO) basis
The four solar projects, which have a combined capacity of 3,700 MW, are expected to support the Kingdom to meet its renewable energy targets
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