Al Shuaiba 2 solar plant begins commercial operation
ACWA Power has announced that commercial operation has begun at Al Shuaiba 2 solar PV Independent Power Plant.
Image for illustration purposes.
Saudi Arabia, Makkah Province: ACWA Power has announced that commercial operation has begun at Al Shuaiba 2 solar PV Independent Power Plant, located 80 km south of Jeddah in Makkah Province. The project company, Shuaibah Holding Company, was granted the commercial operation certificate by Saudi Power Procurement Company (SPPC) for the three phases totaling 2060 MW.
ACWA Power owns a 35.01% stake in the project company. The project is jointly owned with Badeel, a wholly owned company by the Public Investment Fund (PIF). The total cost of Al Shuaibah 1 and 2 is $2.4 billion.
Source: Zawya
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