BURAIQ Renewable Energy Company – Haden
Location: Makkah Province
Technology Type: Solar PV
Production Capacity: 2,000 MW power
Development Model: Independent Power Project
Project Cost (SAR bn): 4.3
Offtake Contract: SPPC (Power)
Commercial Operational Date: Jan 2027
Solar PV project in Makkah Province, under the IPP model with a 25-year contract. The project will produce 2,000 MW of power, with SPPC as the offtaker. Financial close was achieved in September 2024, and operations are scheduled to start in January 2027.
