- February 25, 2025
DEWA has launched a competitive tender for Phase VII of the Mohammed Bin Rashid Al Maktoum Solar Park, featuri ..Read More
DEWA has launched a competitive tender for Phase VII of the Mohammed Bin Rashid Al Maktoum Solar Park, featuring 1,600-2,000 MWac of solar PV and 1,000 MW of battery storage. The project, to be developed under an IPP model, will be commissioned in phases starting August 2027, with power sold under a long-term PPA. Interested bidders must submit an EOI by March 21, 2025. Deloitte-led consortium has been appointed as the project consultant.
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- February 20, 2025
MODON, in collaboration with NCP, has launched an EOI for the Logistics Zone Development in Dammam 2nd Industr ..Read More
MODON, in collaboration with NCP, has launched an EOI for the Logistics Zone Development in Dammam 2nd Industrial City under a PPP (DBFOMT) model for 30 years. Spanning 850,000 sqm, the project will enhance Saudi Arabia’s logistics infrastructure, supporting Vision 2030. The private sector partner will finance, design, build, operate, and commercialize modern logistics and warehousing facilities, boosting trade and industrial expansion.
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- February 20, 2025
ACWA Power, SEC, and Haji Abdullah Alireza & Co. signed a SAR 13.4 billion PPA with SPPC for the Qurayyah IPP ..Read More
ACWA Power, SEC, and Haji Abdullah Alireza & Co. signed a SAR 13.4 billion PPA with SPPC for the Qurayyah IPP Expansion Project, a 3,010 MW CCGT power plant in Saudi Arabia’s Eastern Province. The 25-year project, with 40% stakes each for ACWA and SEC, includes carbon capture readiness and aims to enhance power generation efficiency, support Vision 2030, and reduce reliance on liquid fuels.
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- February 18, 2025
ACWA Power signed an SAR 8.6 billion PPA with EETC to develop, own, and operate a 2.0 GW wind power plant in H ..Read More
ACWA Power signed an SAR 8.6 billion PPA with EETC to develop, own, and operate a 2.0 GW wind power plant in Hurghada, Egypt, under a 25-year contract. The project includes financing, construction, and operation. Earlier, in January 2025, ACWA Power and HAU Energy achieved financial close for the 1.1 GW Suez Wind Farm in Egypt.
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- February 17, 2025
Nama Power & Water Procurement, Oman, has announced the bidders for the 500 MW Ibri III Solar IPP project in A ..Read More
Nama Power & Water Procurement, Oman, has announced the bidders for the 500 MW Ibri III Solar IPP project in Al Dhahirah, with an estimated investment of OMR 155 million. Notable bidders include Masdar, ACWA Power, TotalEnergies, EDF Renouvelables, and Sembcorp Utilities. The project aligns with Oman’s strategy to diversify energy resources and will follow the established IPP model. The scheduled commercial operation date is Q1 2027.
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- February 13, 2025
EWEC (Emirates Water and Electricity Company), UAE, has issued an RFP to 16 qualified bidders for the 140 MW A ..Read More
EWEC (Emirates Water and Electricity Company), UAE, has issued an RFP to 16 qualified bidders for the 140 MW Al Sila Wind IPP project, which will power 36,000 homes and reduce 190,000 tonnes of CO₂ annually. The project will expand Abu Dhabi’s wind capacity to 240 MW, with the selected developer owning up to 40% and entering a long-term PPA with EWEC. Proposals are due by Q2 2025, supporting the UAE’s renewable energy transition and future wind capacity growth to 2.6 GW by 2035.
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- February 05, 2025
Saudi Power Procurement Company (SPPC) has issued an RFP for Group 1 Battery Energy Storage Systems (BESS) wit ..Read More
Saudi Power Procurement Company (SPPC) has issued an RFP for Group 1 Battery Energy Storage Systems (BESS) with a combined capacity of 2,000 MW/8,000 MWh across four locations in Saudi Arabia. The bid submission deadline is June 2, 2025, and projects will follow a BOO model with 15-year Storage Services Agreements. This initiative supports Vision 2030, aiming for 50% renewable energy by 2030, with 10,100 MWac of solar and wind projects already tendered in KSA.
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- February 05, 2025
Saudi Water Partnership Company signed agreements for the Ras Mohaisen Independent Water Plant Project, locate ..Read More
Saudi Water Partnership Company signed agreements for the Ras Mohaisen Independent Water Plant Project, located in Al-Qunfudhah, Makkah Region, with a capacity of 300,000 cubic meters/day of desalinated water. Set to begin operations in Q1 2028, the BOO project will use reverse osmosis technology to enhance efficiency and reduce costs. 44 companies showed interest, with ACWA Power, Hajj Abdullah Ali Reza & Partners, and Al-Kifah Holding Company winning the bid. This initiative aligns with Vision 2030, increasing private sector participation in water infrastructure.
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