ENOWA - Renewable Energy Programme 55,000MW

General Information
Owner Enowa
Masterplan Project (Parent Profile) Neom – NEOM City Development Program – Tabuk
Location Tabuk, Tabuk Province, Saudi Arabia
Status --
Sector Power, Generation, Solar Power Farm
Contract Type Build Operate Transfer (BOT)
Onshore/Offshore Onshore
Greenfield/Brownfield Greenfield
Progress 0
Estimated Budget Value ---
Contract Value 0
Net Value $46000m
Award Date May 2025
Completion Date December 2030
Last Updated On November 2024
ProjectId (Old, New) 470064, 470064


Neom energy and water subsidiary, Enowa is undertaking the construction of the Renewable Energy Programme Solar and Wind Power Plant 55,000MW in Tabuk Province, Saudi Arabia.

This project is a part of the Neom's renewable energy independent power producer (IPP) project.

The US$55,000 million project includes the following:

1. Construction of a solar and wind power plant 3,000MW

2. Construction of a substation

3. Construction of solar panel bases

4. Installation of solar panels

5. Installation of transformers

6. Installation of control systems

7. Installation of a solar tracking system

8. Installation of solar panels

9. Installation of a generator

10. Laying of transmission line

11. Construction of associated facilities

Second Section

01 November 2024

Renewable Energy Programme Phase 1: Solar Power Plant 3,000MW:The advisory works are progressing on the project and the main contract tender is expected to be issued by the end of the year 2024. SMBC Advisory Services is appointed as the financial adviser and Boston Consulting Group as strategy adviser. (Source: MEED)