Saad Two Renewable Energy Company – Saad 2
Location: Riyadh Province
Technology Type: Solar PV
Production Capacity: 1,125 MW power
Development Model: Independent Power Project
Project Cost (SAR bn): 3.1
Offtake Contract: SPPC (Power)
Commercial Operational Date: Sep 2025
Solar PV project in Saad, Riyadh Province, under the IPP model with a 35-year contract. The project produces 1,125 MW of power, with SPPC as the offtaker. Financial close was achieved in July 2023, and operations began in September 2025.
