Saudi Power Procurement Company (SPPC), the Kingdom’s Principal Buyer, has released the request for qualification (RFQ) for Round 8 of the National Renewable Energy Program (NREP). The round covers three independent power projects (IPPs) with a combined capacity of 3,200 MW: two solar PV plants and one wind farm.
The RFQ is the first stage of the tender. Developers apply to be qualified, and SPPC then invites the qualified bidders to submit proposals.
The winning developers have built, owned and operated (BOO) their plants. Each project company signs a 25-year power purchase agreement (PPA) with SPPC, which buys all the electricity the plant produces. SPPC carries out the pre-development studies, runs the tender and signs the PPAs. It also signs storage services agreements for battery projects.
Saudi Energy has already started tendering the grid connections for these sites. In March 2026 it invited bids for 380kV bulk supply point (BSP) substations for upcoming renewable projects. A BSP is the high-voltage substation where a power plant connects to the national grid. The packages included:
Outside the competitive rounds, the ACWA Power, Badeel and Aramco Power consortium signed PPAs for 15,000 MW of solar and wind in July 2025.
SPPC is also running other power tenders:
The NREP aims to raise the share of renewables and energy storage in Saudi Arabia’s installed capacity to about 50% by 2030, depending on how fast electricity demand grows. Saudi Energy reported about 19.3 GW of renewables connected to the grid by the end of September 2026.
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