Shaqra Renewable Energy Company
Location: Shaqra, Riyadh Province
Technology Type: Wind
Production Capacity: 1,000 MW
Development Model: Independent Power Producer (IPP)
Offtake Contract: Saudi Power Procurement Company (SPPC)
Commercial Operational Date: August 2027
Status: Construction
1,000 MW wind project in Shaqra, Riyadh Province, developed under the IPP model with a 25-year Power Purchase Agreement with SPPC as the offtaker. Financial close was achieved in November 2025, and completion is scheduled for August 2027.