CEEC signs a $976 million contract to build a 2 GW photovoltaic plant in Saudi Arabia | REVE News of the wind sector in Spain and in the world

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CEEC (China Energy Engineering Corporation) recently announced that it has signed an EPC (Engineering, Procurement and Construction) contract valued at $976 million to build a photovoltaic power plant in Saudi Arabia.

The contract involves the construction of the 2,000 megawatt (MW) Haden solar PV IPP (Independent Power Plant) project in Saudi Arabia, and construction of the project is expected to last 31 months.

The company, listed on the Shanghai Stock Exchange, said the power plant will be located in Mecca province and is currently being developed by Buraiq Renewable Energy Company, the SPV (Special Purpose Vehicle) of the project, owned by Saudi PIF. , ACWA Power. and Saudi Aramco Electric Company.

The EPC contract involves a consortium of companies consisting of China Energy Engineering International Construction Group Co., China Energy Engineering Group Guangdong Thermal Power Engineering Co. and China Electric Power Engineering Consulting Group Northwest Electric Power Design Institute Co.