Shuaibah for Energy Company – ASB1
Location: Shuaiba, Makkah Province
Technology Type: Solar PV
Production Capacity: 600 MW power
Development Model: Independent Power Project
Project Cost (SAR bn): 8.9 (include ASB2)
Offtake Contract: SPPC (Power)
Commercial Operational Date: Feb 2025
Solar PV project in Shuaiba, Makkah Province, under the IPP model with a 35-year contract. The project produces 600 MW of power. SPPC is the offtaker. Financial close was achieved in February 2023, and operations began in February 2025.
