UAE’s Abu Dhabi Future Energy Company PJSC (Masdar), a global clean energy leader, announced it has been awarded two solar photovoltaic (PV) projects, with a combined capacity of 2 gigawatts (GW), under the sixth round of bidding in Saudi Arabia’s National Renewable Energy Program (NREP).
The Independent Power Producer (IPP) projects, for the 1,400-megawatt (MW) Najran plant and the 600MW Ad Darb facility, will be developed on a build, own, and operate (BOO) basis, with a 25-year power purchase agreement (PPA) signed with the Saudi Power Procurement Company (SPPC).
The Ad Darb plant, which will be located in Jizan Province, is expected to begin commercial operations in late 2027, with the Najran project, based in Najran Province, starting commercial operations in the first half of 2028.
