The consortium comprising France's TotalEnergies, Japan's Toyota Tsusho and Saudi Arabia's Altaaqa Renewable Energy (Zahid Group) has reached a major milestone with the Commercial Operations Date (COD) of its 112-megawatt (MW) solar PV power plant in Wadi Ad-Dawasir, Saudi Arabia.
Built by SEPCO, a subsidiary of Power China, and commissioned on July 21, the plant is TotalEnergies’ first renewable project in Saudi Arabia. It powers more than 15,000 homes.
The electricity produced is sold to the Saudi Power Procurement Company through a Power Purchase Agreement (PPA). This project is part of Round 3 of the National Renewable Energy Program (NREP) overseen by the Ministry of Energy, aiming to reduce reliance on liquid fuels in electricity generation. It is aligned with Saudi Arabia’s Vision 2030, which targets installing around 50% of total generation capacity from renewable sources by 2030 including batteries, subjected to demand growth.
“As a long-standing partner of Saudi Arabia, primarily through our participation in refining and petrochemicals assets, we are very pleased to expand our multi-energy strategy in the country. This first solar power plant marks a meaningful contribution to Saudi Arabia’s energy transition, fully aligned with its Vision 2030.” said Ahmed Tarzi, Country Chair TotalEnergies Saudi Arabia.
“Zahid Group is committed to supporting our Kingdom’s vision for renewable energy, in an effort to further diversify the economy. The 119 megawatt (MW) solar PV power plant in Wadi Ad-Dawasir will further reduce our Kingdom’s carbon footprint, while delivering the needed power to surrounding communities. This milestone brings us one step closer to achieving the goal of having 50% of the Kingdom’s power generated from renewables by 2030.” commented Majid T. Zahid, Group President Energy at Zahid Group.
This is just the beginning of TotalEnergies’ renewable energy journey in the Kingdom, as it is currently part of another consortium building the 300-megawatt (MW) Rabigh 2 solar PV power plant under Round 5 of the NREP.
