๐ Saudi Arabia to Tender 4,500MW Solar and Wind IPPs in Q2 2025
Saudi Arabia is set to launch the tendering process for its sixth round of renewable energy projects under the National Renewable Energy Program (NREP) in the second quarter of 2025. The initiative, overseen by the Ministry of Energy and managed by the Saudi Power Procurement Company (SPPC), includes four solar Independent Power Producer (IPP) projects and one wind IPP, with a total capacity of 4,500 megawatts (MW). ๐ก๐ฅ๐๐ฃ ๐ฅ๐ผ๐๐ป๐ฑ ๐ฒ ๐ฃ๐ฟ๐ผ๐ท๐ฒ๐ฐ๐๐ ๐น Dawadmi Wind IPP (1,500 MW) ๐น Najran Solar Photovoltaic (1,400 MW) ๐น Samtah Solar PV IPP (600 MW) ๐น Ad Darb Solar PV IPP (600 MW) ๐น As Sufun Solar PV IPP (400 MW) ๐ ๐๐ฑ๐๐ฎ๐ป๐ฐ๐ถ๐ป๐ด ๐ฆ๐ฎ๐๐ฑ๐ถ ๐๐ฟ๐ฎ๐ฏ๐ถ๐ฎโ๐ ๐๐น๐ฒ๐ฎ๐ป ๐๐ป๐ฒ๐ฟ๐ด๐ ๐๐บ๐ฏ๐ถ๐๐ถ๐ผ๐ป๐ โก Saudi Arabia is accelerating its transition to renewable energy as part of Vision 2030, which aims to have 50% of the kingdomโs electricity generated from renewable sources by 2030. ๐๏ธ In November 2024, SPPC announced the list of qualified developers, marking a significant milestone ahead of the upcoming tendering phase. ๐ The Request for Qualification (RFQ) process has been completed, paving the way for the next stepโthe Request for Proposals (RFP) from interested developers. ๐ ๐จ๐ฝ๐ฐ๐ผ๐บ๐ถ๐ป๐ด ๐ง๐ฒ๐ป๐ฑ๐ฒ๐ฟ ๐ง๐ถ๐บ๐ฒ๐น๐ถ๐ป๐ฒ While exact dates for issuing tenders are yet to be confirmed, industry stakeholders expect the RFP to be released in the coming months. Companies looking to participate in the bidding process should keep an eye on SPPCโs official announcements for further details regarding the tendering process and bid submission deadlines.