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Afif1 Solar Power Plant

Sector: Solar • Location: Saudi Arabia

Source: أرقام

Project
Awarded

Afif One Renewable Energy Co. signed a power purchase agreement for a large-scale PV solar plant with a production capacity of 2,000MW located in the central region of Saudi Arabia. The project is jointly owned by ACWA Power (35.1%), Water and Electricity Holding Co. (Badeel) (34.9%), and Saudi Aramco Power Co. (30%). The total value of the project is estimated at SAR 22.5 billion, covering develo

Status
Closed
Sector
Solar, Water Supply and Storage, Power Generation (CCGT)
Location
Saudi Arabia
Updated
22 Jul 2026
Source
أرقام

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Project Information

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The project “Afif1 Solar Power Plant” is an infrastructure initiative in the Solar sector, located in Saudi Arabia. Taiyo aggregates data on it from أرقام.

Participants

Company

Status

Original status

awarded

Taiyo status

Closed

Taiyo last update

2026-07-22

Contact

Not available for this record.

Description

Description

Afif One Renewable Energy Co. signed a power purchase agreement for a large-scale PV solar plant with a production capacity of 2,000MW located in the central region of Saudi Arabia. The project is jointly owned by ACWA Power (35.1%), Water and Electricity Holding Co. (Badeel) (34.9%), and Saudi Aramco Power Co. (30%). The total value of the project is estimated at SAR 22.5 billion, covering development, financing, construction, ownership, and operation with a 25-year contract term.

Original sector

Energy

Budget

Location

Country

Saudi Arabia

Source

Source

أرقام

URL

More Details

Record type

Project

Sector

Solar, Water Supply and Storage, Power Generation (CCGT)

Article published date

2025-09-15

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