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Saudi Arabia Signs PPA for 80 MW Solar PV IPP Project

Saudi Arabia's Energy Ministry has signed the power-purchase agreement (PPAs) for the 80MW solar photovoltaic (PV) independent power producer (IPP) project to be located in Layla, 300 kilometers from Riyadh.

 

The Layla solar PV IPP project is part of the third round of Saudi Arabia's National Renewable Energy Program (NREP).

 

A consortium of Saudi utilities developer and investor Acwa Power, China's Huanghe Hydropower Development Company (SPIC) and Water & Electricity Holding Company, a subsidiary of Public Investment Fund, will develop the project.

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