Saudi Arabia: TotalEnergies and Aljomaih Energy & Water Awarded a 400 MW Solar Project

PARIS--(BUSINESS WIRE)--The consortium comprising France's TotalEnergies (Paris:TTE) (LSE:TTE) (NYSE:TTE) and Saudi developer Aljomaih Energy & Water (AEW) has been awarded by the Saudi Power Procurement Company (SPPC) following a tender process, the license to develop, build and operate a 400 megawatts (MW) solar power plant in As Sufun, KSA. The electricity produced will be sold to SPPC through a 25-year Power Purchase Agreement (PPA). The solar plant is expected to connect to the grid in. ...