![After signing solar PPAs for round 4, SPPC has officially announced round 5 of the NREP. Pictured is a solar power plant of Jinko Power that along with its partners recently won a 400 MW PV plant under NREP’s round 4. (Photo Credit: Jinko Power Technology)](http://media.assettype.com/taiyangnews%2Fimport%2Fwp-content%2Fuploads%2F2023%2F11%2FJinko-Power.png?w=480&auto=format%2Ccompress&fit=max)
The Saudi Power Procurement Company (SPPC) has launched another tender round to competitively source 3,700 MW new solar PV capacity under round 5 of Saudi Arabia's National Renewable Energy Program (NREP).
The request for qualification (RFQ) round 5 comprises 4 projects with a combined 3.7 GW PV capacity, distributed as the following:
Under its NREP, oil-rich Saudi Arabia aims to achieve 50% share of renewable energy in its power mix by 2030 to 'displace liquid fuels.' So far, SPPC says it has awarded more than 12.6 GW of renewable energy capacity for which it is an offtaker.
Recently, SPPC signed power purchase agreements (PPA) for 1.5 GW solar PV capacity under round 4 of the NREP. While the consortium of Masdar, EDF Renewables and Nesma won the 1.1 GW Al Henakiyah Solar Plant, the team of Jinko Power, Sun Glare and Sunlight Energy signed an agreement for the 400 MW Tabarjal PV Plant (see SPPC Announces Winners For 1.5 GW Solar PV Capacity).