A consortium led by Masdar with EDF Renewables and Nesma Company as partners has developed the 300-megawatt (MW) utility-scale photovoltaic (PV) solar power plant in Jeddah.
The Renewable Energy Project Development Office (REPDO) of Saudi Arabia’s Ministry of Energy awarded the consortium the 300MW Jeddah project, after it had submitted the most cost-competitive bid of SAR60.9042 (US$16.24) per megawatt hour.
The consortium signed a 25-year Power Purchase Agreement (PPA) with Saudi Power Procurement Company (SPPC) to design, finance, build and operate the plant, located in Third Jeddah Industrial City, 50km south-east of Jeddah. Construction began in April 2021 and the plant began operation in 2023.
The Jeddah solar plant utilizes the latest technology in the PV market, combining bifacial PV modules with mounting structures that use single-axis tracking technology to maximize energy generation by following the sun’s position throughout the day.
Project Completion Year