600 MW Al Shuaibah 1 Solar Project

600 MW Al Shuaibah 1 Solar Project

Project Type
Greenfield
Sector
Renewables/PV solar
Project Stage
Offtake signed
Region
Middle East
Middle East
Country
Saudi Arabia

Project Overview

China Energy Engineering Group Co. (CEEC) has selected PVH to supply solar panels with a total capacity of 1.7GW.

Project cost
$876.9m
Financial Stage
Financial close

Ownerships

Date: 30 Nov 2022
Company Percentage
ACWA Power 35.01 %
Water and Electricity Holding Company (Badeel) 34.99 %
Saudi Aramco Power Company (SAPCO) 30.00 %

Project Deals

Al Shuaibah PV 1 and PV 2 - Project Financing
$1.57bn
Aug 2023
Project & Infrastructure Finance
PV solar
Middle East
Middle East
Saudi Arabia