Publisher: Maaal International Media Company
License: 465734
ACWA Power Company announced on Monday that it received from the Saudi Power Procurement Company (SPPC) on 29 October 2023 the Commercial Operation certificate of Group 2 of Sudair Solar Photovoltaic Project in Saudi Arabia.
Group 2 included an additional 25% to Group 1, which achieved commercial operation last month and announced on 28th September 2023, bringing the total capacity that achieved commercial operation to 1125 MW out of the 1500 MW plant capacity upon completion.
ACWA Power owns a net stake of 35% in Sudair One Renewable Energy Company.
The Company expects the financial impact of operation to be reflected starting from Q4 2023.