The initiative aims to achieve an optimal energy mix for electricity production by 2030. Credit: HJBC/Shutterstock.

TotalEnergies and the Aljomaih Energy & Water Company (AEW) have been awarded a 300MW solar power project, Rabigh 2, in Saudi Arabia.

The consortium signed a 25-year power purchase agreement (PPA) with the Saudi Power Procurement Company (SPPC) during the 2024 visit of French President Emmanuel Macron to the Kingdom. This project aligns with Saudi Vision 2030’s renewable energy goals.

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The Rabigh 2 project is part of the country’s National Renewable Energy Programme’s Round 5, supervised by the Ministry of Energy.

AEW chairman of the board of directors Ibrahim Al Jomaih stated: “We are proud to lead the development of the 300MW Rabigh 2 solar project, together with TotalEnergies, highlighting our shared commitment towards supporting the Saudi Arabia’s Green Initiative and Vision 2030.

“Leveraging our local market expertise and global reach, our mission is to play our role in advancing the energy transition underscored by our philosophy of partnership and excellence, and we would like to take this opportunity to thank the SPPC for their continued support and trust in Aljomaih Energy & Water.”

The initiative aims to achieve an optimal energy mix for electricity production by 2030, with gas and renewable energy each contributing 50%.

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The consortium will develop, build, own and operate the solar plant, with grid connection planned for 2026.

TotalEnergies chairman and CEO Patrick Pouyanné stated: “Together with our partner Aljomaih Energy and Water Company, we are thrilled to contribute to Saudi Arabia’s target of increasing the share of renewables in its energy mix. Through our large participation in refining and petrochemical Satorp and Amiral projects, TotalEnergies is a close partner of the Kingdom of Saudi Arabia.

“This new project is another example of our multi-energy strategy to accompany oil and gas-producing countries in their energy transition. This also demonstrates our ability to provide more energy with less emissions, while contributing to our growth in electricity and renewable energy.”

TotalEnergies is marking a new milestone in Saudi Arabia with this project. The company is also constructing the 119MW Wadi Al Dawasir solar power plant, expected to commence operations in early 2025.

These projects reflect TotalEnergies’ commitment to expanding its renewable energy footprint in the region.

TotalEnergies has also partnered with QatarEnergy to develop a 1.25 GW (peak) solar project in Iraq.

QatarEnergy will hold a 50% stake in the solar photovoltaic project, while TotalEnergies will retain the remaining half. The agreement is currently pending regulatory approvals.