{"id":88415,"date":"2024-12-04T00:00:00","date_gmt":"2024-12-04T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/climate\/2024\/12\/04\/a-raft-of-renewable-energy-project-updates-from-saudi\/"},"modified":"2024-12-04T00:00:00","modified_gmt":"2024-12-04T00:00:00","slug":"a-raft-of-renewable-energy-project-updates-from-saudi","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/climate\/2024\/12\/04\/a-raft-of-renewable-energy-project-updates-from-saudi\/","title":{"rendered":"A raft of renewable energy project updates from Saudi"},"content":{"rendered":"

French state-owned electricity giant <\/strong>EDF Renewables<\/a><\/strong> and TotalEnergies <\/strong>were awarded <\/strong>tenders to develop solar parks in Saudi<\/strong>, Reuters<\/a> reports. The investment size of the projects has not been disclosed. <\/p>\n

(** Tap or click the headline above to read this story with all of the links<\/strong> to our background and outside sources.)<\/p>\n

First up, EDF:<\/strong> The French renewables company will develop two solar parks totaling 1.4 GW \u2014 Al Masaa (1 GW) and Al Henakiyah 2 (400 MW) \u2014 in partnership with China\u2019s State Power Investment Corporation. <\/p>\n

BACKGROUND-<\/strong> The projects are the fifth round of projects<\/a> issued under KSA\u2019s National Renewable Energy Program. SPCC signed power purchase agreements (PPA) to offtake energy from the 1.1 GW Al Henakiyah 1 and the 400 MW Tabarjal solar park last year<\/a>. The company also signed PPAs with Acwa Power and Badeel to develop and operate three solar energy projects with a 4.5 GW cumulative generation capacity at an investment ticket of SAR 12.2 bn (c. USD 3.3 bn) under the program last year<\/a>.<\/p>\n

Next, TotalEnergies:<\/strong> A consortium of TotalEnergies and Saudi developer Aljomaih Energy and Water Company signed a 25-year power purchase agreement (PPA) with the Saudi Power Procurement Company for the 300 MW Rabigh 2 solar power project, according to a statement (pdf)<\/a>. The project is set to come online in 2026.<\/p>\n

SAF also got a mention: <\/strong>Aramco, TotalEnergies, and the Saudi Investment Recycling Company signed a Joint Development and Cost Sharing Agreement to evaluate establishing a sustainable aviation fuels (SAF) plant in Saudi Arabia\u2019s Eastern Province, according to two separate statements here<\/a> and here<\/a>. This aims to utilize innovative technologies to recycle local waste, such as used cooking oils and animal fats, into SAF. <\/p>\n","protected":false},"excerpt":{"rendered":"

EDF will develop two solar parks totaling 1.4 GW, TotalEnergies signed a 25-year PPA with the SPPC for the 300 MW Rabigh 2 project, and SAF got a mention<\/p>\n","protected":false},"author":1,"featured_media":88416,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[104],"tags":[234,556,11,88,94,272],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-88415","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-renewables","tag-aramco","tag-edf-renewables","tag-enterpriseclimate","tag-renewables","tag-solar","tag-totalenergies","wpautop","entry"],"acf":{"mongo_id":"236221ee-c747-40ec-a4ee-8a7097b392c1","order":"4","is_powered_by":false,"story_type":"1","photo_url":"https:\/\/ent.news\/2024\/12\/386.jpg","photo_position":"above","homepage_title":"","full_issue_title":"A raft of renewable energy project updates from Saudi","related_issue":[88408],"teaser":"EDF will develop two solar parks totaling 1.4 GW, TotalEnergies signed a 25-year PPA with the SPPC for the 300 MW Rabigh 2 project, and SAF got a mention","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/12\/.1be03a98-e606-4e8e-aca6-5a22aac30240.mp3"},"yoast_head":"\nA raft of renewable energy project updates from Saudi - 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