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TotalEnergies and Aljomaih Energy & Water Company sign 25-year Power Purchase Agreement for 300 MW solar project in Saudi Arabia

Dec 03, 2024

Contract Type

agreement

Saudi ArabiaEnergyOil And GasRenewable EnergyBiomass Energy

Description

TotalEnergies and Aljomaih Energy & Water Company have signed a 25-year Power Purchase Agreement (PPA) with the Saudi Power Procurement Company (SPPC) for the 300 MW solar power project, Rabigh 2. The project is part of Round 5 of the National Renewable Energy Program (NREP) supervised by the Ministry of Energy.

Company Information

Company

TotalEnergies and Aljomaih Energy & Water Company

Location

Saudi Arabia

About

TotalEnergies is a major energy player, which is involved in all stages of the energy industry. Aljomaih Energy & Water Company is a Saudi developer focused on energy and water projects.

Predictive Intelligence
Strategic

ML-powered predictions for TotalEnergies and Aljomaih Energy & Water Company's next move

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TotalEnergies and Aljomaih Energy & Water Company signed a new agreement. Fundz surfaces partnerships and contracts as they are announced.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include FundzWatch™ for automated website change detection, Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.