Acwa | Shuaibah PV IPP

Shuaibah PV IPP

Al Shuaibah 1 and Al Shuaibah 2 Solar PV Independent Power Plant, Jeddah, KSA. which is comprise of two PV Plants for 35 years. The two Sites are located in Shuaibah, approximately 80 km south of the city of Jeddah, in Makkah Province

The two PV Plants are:

Al Shuaibah 1 (ASB1 Plant) 600 MWac
Al Shuaibah 2 (ASB2 Plant) 2060 MWac

The technology adopted is N-type bi-facial Monocrystalline silicon Modules. The contractor is CEEC JV, Offtaker SPPC/Principal buyer, Operator Nomac.

https://acwapower.egnyte.com/dl/YfjSsTLNU1/Appendix_2_AFA_Part_III_Annex_1.6_ESIA_Study_18Jul2019_R00.pdf_

https://acwapower.egnyte.com/dl/LR1YGPwpuV/Shuaibah_PV_ESIA_Addendum_v2.0-compressed.pdf_

Key facts

Location

Al-Shuaibah, Makkah Province, KSA
Offtaker

Principal Buyer | Saudi Power Procurement Company (SPPC)
Power

ASB1 – 600 MW AC, ASB2 – 2060 MW AC
Technology

N-type bi-facial Monocrystalline Silicon Modules
Project cost

US$ 2.37 billion
Acwa share

35.01%
Commercial operations date

ASB1: 28 February 2025 ASB2: 30 November 2025
Offtake contract

PPA BOO 35 years
Project company

Shuaibah Holding Company (SHC)

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