Rabigh 2 (300 MW) PV
Rabigh 2 (300 MW) PV - a Solar Independent Power Producer in Saudi Arabia. Capacity 300 MW. Winning consortium: TotalEnergies + AlJomaih. LCOE: USD $0.0178/kWh. Status: Financial close.
- Country
- Saudi Arabia
- Procurer
- SPPC
- City / region
- Makkah (Rabigh)
- Capacity
- 300 MW
- Status
- Financial close
- LCOE
- USD $0.0178/kWh
Winning consortium
TotalEnergies + AlJomaih
Procurement timeline
- RFP: Feb 2024
- Bid submission: Oct 2024
- Preferred bidder: Oct 2024
- Commercial close: Dec 2024
- Financial close: 2025
- PCOD: 2027
Prequalified bidders
23 PQ · 3 final bids
- TotalEnergies + AlJomaih
- Masdar-led
- Jinko-led
Financing
- Capex: USD 220 M
Technical scope
Process: Bifacial + trackers
Notes
R5 smallest project.
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.