Ad Darb (600 MW) PV
Ad Darb (600 MW) PV - a Solar Independent Power Producer in Saudi Arabia. Capacity 600 MW. Winning consortium: Masdar. LCOE: USD $0.0136/kWh. Status: Preferred bidder.
- Country
- Saudi Arabia
- Procurer
- SPPC
- City / region
- Jizan (Ad Darb)
- Capacity
- 600 MW
- Status
- Preferred bidder
- LCOE
- USD $0.0136/kWh
Winning consortium
Masdar - equity: 100%
Procurement timeline
- RFP: Nov 2024
- Bid submission: Oct 2025
- Preferred bidder: Oct 2025
- Commercial close: Oct 2025
- Financial close: 2026
- PCOD: Late 2027
Prequalified bidders
3 final bids
- Masdar
- SEC + EDF
- Jinko-led
Financing
- Capex: USD 400 M
Technical scope
Process: Bifacial + trackers
Notes
R6.
Sources
Open the full Solar IPP benchmark →Part of the GulfInfra · GCC Infrastructure Library - a free open-source benchmark of 136 public-private partnership procurements across the GCC. Methodology: how we build this.