Chinese companies are on a roll in Saudi’s renewable energy sector, securing contracts totalling over USD 4 bn this week for a number of solar and wind projects in the Kingdom.

#1- One solar, two wind: China Energy International Group, China Energy Engineering Group Guangdong, and China Electric Power Engineering Consulting Group signed three solar and wind engineering, procurement and construction (EPC) contracts worth some USD 2.75 bn with a project company owned by Acwa Power, Aramco Power, and PIF-owned Badeel, according to a press release (pdf).

The breakdown: The contracts cover the 2 GW Khulais solar project (USD 831 mn), the 1 GW Shaqra wind project (USD 663 mn), and the 2 GW Setarah wind project (USD 1.25 bn). The projects will be completed within 26-30 months.

#2- PowerChina consortium lands two solar projects: A consortium of PowerChina‘s subsidiaries — Sinohydro Group International Engineering, PowerChina Huadong Engineering, and others — inked EPC contracts with Saudi Afif Renewable Energy Company for two solar independent power producers in Afif, Riyadh province, according to a press release (pdf).

The projects: The Afif 1 and Afif 2 PV projects, each with a capacity of 2 GW, have a total value of around USD 1.6 bn. They will be developed over 26 months and will include 132 kV transmission lines and grid interconnection facilities.

A big footprint: PowerChina was also awarded the EPC contracts for the 1.25 GW MAS 5 and 400 MW AHK2 solar projects in Riyadh earlier this year. It also secured a contract for the 500 MW Waad Al Shamal wind project in the Kingdom’s north last year.

REMEMBER- The Saudi Power Procurement Company inked development and power purchase agreements in July with an Acwa Power-led consortium for seven solar and wind projects — including the above-mentioned projects — valued at a combined SAR 31 bn (USD 8.3 bn), with a total capacity of 15 GW.

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