Red Sea Neom Solar PV Park is a 406MW solar PV power project. It is planned in Tabuk, Saudi Arabia. According to GlobalData, who tracks and profiles over 170,000 power plants worldwide, the project is currently at the under construction stage. It will be developed in a single phase. Post completion of the construction, the project is expected to get commissioned in 2025. Buy the profile here.
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Description
The project is being developed and currently owned by Acwa Power. The company has a stake of 50%.
Red Sea Neom Solar PV Park is a ground-mounted solar project.
Development status
Post completion of the construction, the project is expected to get commissioned in 2025.
Power purchase agreement
The power generated from the project will be sold to Red Sea Global under a power purchase agreement for a period of 25 years. The offtake capacity is expected to be 340MW.
Contractors involved
SEPCOIII Electric Power Construction is expected to render engineering procurement construction services for the solar PV power project.
LONGi Solar Technology will be the supplier of the PV modules for the solar power project. The company is expected to provide 750,000 modules each with 535W of nameplate capacity.
For more details on Red Sea Neom Solar PV Park, buy the profile here.
About Acwa Power
Acwa Power Co (Acwa Power), formerly the International Company for Water and Power Projects, is a developer, investor, operator, and optimizer of power generation and water desalination projects. Acwa Power's portfolio includes power plants, desalinated water facilities, and green hydrogen plants. The company offers electricity and potable water. Acwa Power also offers operation and maintenance services to the power and water desalination industry through its subsidiary, the First National Operations & Maintenance Co. The company's customers range from governments to private entities including commercial and residential customers in the Middle East, Asia, and Africa including countries such as Saudi Arabia, Morocco, and Jordan. Acwa Power is headquartered in Riyadh, Saudi Arabia.
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This information is drawn from GlobalData’s Power Intelligence Center, which provides detailed profiles of over 170,000 active, planned and under construction power plants worldwide from announcement through to operation across all technologies and countries worldwide.
