Saudi Electricity Company (SEC) has announced the signing of a Power Purchase Agreement (PPA) for the Samtah solar photovoltaic (PV) power plant project. The facility, which will have a production capacity of 600 megawatts, is located in the southwestern region of Saudi Arabia.
The agreement was signed between Saudi Power Procurement Company (SPPC), acting as the principal buyer, and each member of the winning consortium: SEC and EDF Power Solutions International, representing the project company. SEC holds a majority stake of 50.01% in the project.
According to SEC, “Saudi Electricity Company (SEC) announces the signing of Power Purchase Agreement (PPA) for SAMTAH solar PV power plant project with production capacity of 600MW. The plant is in the southwestern part of Saudi Arabia.The PPA have been signed between the Saudi Power Procurement Company (SPPC) – the Principal Buyer – and each of the wining consortium member, namely SEC and EDF Power Solutions International on behalf of the project company.”
The contract was awarded and signed on October 27, 2025. It covers all aspects related to development, financing, construction, ownership, and operation of the Samtah Solar PV Power Plant. The total contract value amounts to SAR 1,368,670,834.
The agreement specifies that it will last for 25 years from the date when commercial operations begin at the plant. SEC stated that financial impacts from this operation are expected to be reflected after commercial operations commence, which is anticipated by the first quarter of 2028.
No related parties or additional information were disclosed regarding this agreement.
