Ar Rass Solar Energy Company – ARSEC
Location: Ar Rass, Qassim Province
Technology Type: Solar PV
Production Capacity: 700 MW power
Development Model: Independent Power Project
Project Cost (SAR bn): 1.7
Offtake Contract: SPPC (Power)
Commercial Operational Date: Nov 2024
Solar PV plant in Ar Rass, Qassim Province, under the IPP model with a 25-year contract. The project produces 700 MW of power, with SPPC as the offtaker. Financial close was achieved in December 2022, and operations began in November 2024.
