TotalEnergies and Aljomaih to Develop 300 MW Solar Project in Saudi Arabia
The Rabigh 2 project is scheduled for grid connection by 2026
December 4, 2024
TotalEnergies and Aljomaih Energy & Water Company (AEW) have secured a 25-year Power Purchase Agreement (PPA) with the Saudi Power Procurement Company (SPPC) for the 300 MW Rabigh 2 solar project in Saudi Arabia.
The project in the Makkah Province is part of Saudi Arabia’s National Renewable Energy Program (NREP) under Round 5, which aims to diversify the nation’s energy mix by achieving a 50% share of renewable and gas-fired power by 2030.
The Rabigh 2 project, scheduled for grid connection by 2026, seeks to reduce the country’s dependence on liquid fuels for electricity generation.
Patrick Pouyanné, Chairman and CEO of TotalEnergies, said “This project showcases our multi-energy strategy, aimed at providing more energy with fewer emissions” noting TotalEnergies’ deepening collaboration in Saudi’s energy sector through ventures such as the Satorp and Amiral refining projects.
Ibrahim Al Jomaih, Chairman of AEW, said the company will leverage its local market expertise and global reach to support Saudi Arabia’s energy transition.
TotalEnergies is also developing the 119 MW Wadi Al Dawasir solar plant, expected to begin operations in early 2025.
The company aims to expand its renewable energy portfolio, with plans to reach 35 GW of installed capacity by 2025 and more than 100 TWh of net electricity production by 2030.
In September, SPCC issued a tender for 4.5 GW of wind (1.5 GW) and solar (3 GW) projects as part of the sixth round of the NREP. The company has allocated more than 19 GW of renewable energy capacity under the program.
SPPC selected a consortium of developers comprising Abu Dhabi Future Energy Company (Masdar), KEPCO, and GD Power Development Company to commission the 2 GW Al Sadawi Solar Project in Saudi Arabia. Scheduled for commercial operation in the second quarter of 2027, the project will deliver clean energy at a levelized cost of electricity of $1.2926/kWh. This project is part of the fifth round of NREP.