Saudi Power Procurement Company Announces New World Record For Low Cost of Electricity from Wind Power

As part of Round 4 of the Saudi National Renewable Energy Program (NREP), supervised by Ministry of Energy; Saudi Power Procurement Company (Principal Buyer) has signed two power purchase agreements with the consortium lead by “MARUBENI Corporation” to procure power from AlGhat Wind Project (600 MW) and Wa’ad Alshamal Wind Project (500MW), during the Saudi-Japan Vision 2030 Business Forum.