NABAH Renewable Energy Company – AlKhushaiby

Location: Al Khushaybi, Northern Border

Technology Type: Solar PV

Production Capacity: 1,500 MW power

Development Model: Independent Power Project

Project Cost (SAR bn): 3.4

Offtake Contract: SPPC (Power)

Commercial Operational Date: Jan 2027

Status: Under Construction

Solar PV project in Al Khushaybi, Northern Border, under the IPP model with a 25-year contract. The project, 1,500 MW of power, with SPPC as the offtaker. Financial close was achieved in September 2024, and operations are scheduled to start in January 2027.