Shuaibah for Electric Energy Company – ASB 2
Location: Shuaiba, Makkah Province
Technology Type: Solar PV
Production Capacity: 2,031 MW power
Development Model: Independent Power Project
Project Cost (SAR bn): 8.9 (include ASB1)
Offtake Contract: SPPC (Power)
Commercial Operational Date: Nov 2025
Solar PV project in Shuaiba, Makkah Province, under the IPP model with a 35-year contract. The facility produces 2,031 MW of power, with SPPC as the offtaker. Financial close was achieved in February 2023, and operations began in November 2025.
