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24 June 2025

Al Sadawi Solar IPP 2000MW: The Export-Import Bank of Korea is set to provide a $225 million loan to support the project.

30 May 2025

Rabigh 300MW II Solar IPP: The financial closure has been achieved with the value of US$219.7 million for the project.

16 April 2025

Al Henakiyah 2 Solar IPP 500 MW: Jinko Solar has been appointed as N-type TOPCon modules supply contractor for the project.

03 February 2025

Al Masaa Solar IPP 1250 MW: The official agreement has been signed.

29 November 2024

Market sources indicate that JV of Al Jomaih Energy and Water Co and Total Energies has been awarded as the main contractor for Rabigh 2 Solar IPP, JV of SPIC Huanghe and Electricite de France (EDF) has been awarded as the main contractor for Al Henakiyah 2 Solar IPP and Al Masaa Solar IPP

21 October 2024

300MW Rabigh II Solar IPP: The following companies have been shortlisted for the project: JV of Al Jomaih Energy and Water Co and Total Energies, JV of Abu Dhabi Future Energy Company, Korea Electric Power Corporation and Nesma Renewable Energy.

26 August 2024

Al Henakiyah II Solar IPP 400 MW: The following companies have submitted the bids: JV of EDF Renewables, Etihad Water & Electricity and SPIC Huanghe Hydropower Development, JV of Masdar, Nesma Renewable Energy and Korea Electric Power Corporation, JV of Jinko Power and Saudi Electricity Company, JV of Aljomaih Energy & Water and Total Energies Renewables, JV of Engie and Kahrabel, Alfanar Company.

13 August 2024

2000MW Al Sadawi Solar IPP: The main contract bids have been submitted.

24 July 2024

300MW Rabigh II Solar IPP: The main contract bid submission has been further extended to August 12, 2024.

27 June 2024

Rabigh 2 solar, Al Henakiyah 2 solar, Al Masaa solar, and Al Sadawi solar :The following consortiums are expected to bid:JV of Abu Dhabi Future Energy, EDF Renewables and SPIC Huanghe Hydropower Development, JV of Marubeni Corporation and Partners, JV of Kahrabel/Engie and Partners, JV of Korea Electric Power Corporation and Partners, JV of Saudi Electricity Company and Jinko Power.

06 June 2024

Rabigh 2 solar, Al Henakiyah 2 solar, Al Masaa solar, and Al Sadawi solar : The main contract bid submission deadline has been extended from June 10, 2024 to July 22, 2024. (Source: MEED)

18 February 2024

Rabigh 2 solar, Al Henakiyah 2 solar, Al Masaa solar, and Al Sadawi solar : The main contract tender has been issued and the bid submission deadline is due on June 10, 2024. (Source: MEED)

12 February 2024

The following companies are the prequalified bidders: Abu Dhabi Future Energy company, Aljomaih Holding, Alfanar group, B. Grimm Public Power Company, BGL Energy, Electricite de France, FAS Energy, Itochu Corporation, Jinko Power, Kahrabel, Korea Electric Power Corporation, Marubeni Corporation, Nebras Power, Nesma Renewable Energy, Samsung C&T, SPIC Huanghe Hydropower Development, Sumitomo Corporation, Total Energies. The following companies are the prequalified developers: GEK Terna, Gulf Energy Development PLC, Jera, Power Construction Corporation, Saudi Electricity Company. (Source: MEED)

17 January 2024

The Request for Qualification has been submitted and the request for proposals (RFP) is expected to be issued by end of Q1 2024.

15 November 2023

The Request for qualification (RFQ) has been issued with the submission due on December 5, 2023.

10 October 2023

The main contract tender is expected to be issued in 2024. (Source: MEED)

26 July 2023

The project is still in the initial stage of development.

12 January 2023

The project is still in the initial stage of development.

17 May 2022

The project is still in the initial stage of development.

08 August 2021

The client has received bids from financial services firms for Transaction Advisory contracts.