Rabigh 300 MW PV
Rabigh 300 MW PV - a Solar Independent Power Producer in Saudi Arabia. Capacity 300 MW. Winning consortium: Marubeni. LCOE: USD $0.0170/kWh. Status: Operational.
- Country
- Saudi Arabia
- Procurer
- REPDO
- City / region
- Rabigh (Makkah)
- Capacity
- 300 MW
- Status
- Operational
- LCOE
- USD $0.0170/kWh
Winning consortium
Marubeni
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
- Marubeni
- ACWA Power
Runner-up bidders & tariffs
- ACWA Power - USD $0.0176/kWh
Financing
- Capex: USD 230 M
Technical scope
Process: Bifacial PV
Marubeni's first KSA NREP win
Notes
R2 Cat-B.
EPC contractor: 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.