Nawwar Renewable Energy Company – Ar Rass2

Location: Ar Rass, Qassim Province

Technology Type: Solar PV

Production Capacity: 2,000 MW power

Development Model: Independent Power Project

Project Cost (SAR bn): 5.5

Offtake Contract: SPPC (Power)

Commercial Operational Date: Apr 2026

Status: Under Construction

Solar PV project in Ar Rass, Qassim Province, under the IPP model with a 35-year contract. The plant will produce 2,000 MW of power, with SPPC as the offtaker. Financial close was achieved in July 2023, and completion is scheduled for April 2026.