
Saudi Arabia's private utility ACWA Power and a unit of the Public Investment Fund (PIF) on Wednesday signed agreements to develop the largest solar power plant in the Middle East, the Saudi Press Agency reported.
The 2,060 megawatt project will be located in Al Shuaibah in Makkah province and is expected to be ready in the fourth quarter of 2025. The electricity generated from the project is expected to power 350,000 homes.