Ar Rass solar photovoltaic independent power plant, Saudi Arabia
Name of the Project
Rass solar photovoltaic (PV) independent power plant (IPP).
Location
Al Qassim province, Saudi Arabia.
Project Owner/s
Renewable-energy developer ACWA Power (40.1%), wholly owned Public Investment Fund Portfolio Company the Water and Electricity Holding Company (20%) and China’s State Power Investment Corporation (39.9%).
Project Description
Ar Rass is the biggest PV project that has been tendered as part of Saudi Arabia’s National Renewable Energy Programme (NREP) to date.
When fully operational, the project will be capable of powering about 132 000 homes in central Saudi Arabia.
Potential Job Creation
Not stated.
Capital Expenditure
$450-million.
Planned Start/End Date
The project is set to be commissioned by the fourth quarter of 2024.
Latest Developments
The Ar Rass IPP is expected to reach financial close in the fourth quarter of 2022.
Key Contracts, Suppliers and Consultants
None stated.
Contact Details for Project Information
Acwa Power marketing and communications, tel + 971 4 248 0800 or email comms@acwapower.com.
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