Al Faisaliah 600 MW PV
Al Faisaliah 600 MW PV - a Solar Independent Power Producer in Saudi Arabia. Capacity 600 MW. Winning consortium: ACWA Power. LCOE: USD $0.0164/kWh. Status: Operational.
- Country
- Saudi Arabia
- Procurer
- REPDO
- City / region
- Makkah
- Capacity
- 600 MW
- Status
- Operational
- LCOE
- USD $0.0164/kWh
Winning consortium
ACWA Power
Procurement timeline
- RFP: Jul 2019
- Bid submission: Mar 2020
- Preferred bidder: Aug 2020
- Commercial close: Apr 2021
- Financial close: 2022
- PCOD: 2024
Prequalified bidders
2 shortlisted
- ACWA Power
- Masdar + EDF + Nesma
Runner-up bidders & tariffs
- Masdar + EDF + Nesma - USD $0.0166/kWh
Financing
- Capex: USD 470 M
Technical scope
Process: Bifacial + trackers
Largest R2 plant
Notes
R2 Cat-B.
EPC contractor: ACWA + L&T
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.