GDPD(600795) 中国能源网·2025-04-02 08:51Core Insights - The Saudi Sadawi solar project has completed key domestic approvals and is now entering the financing phase, marking a significant milestone for the largest renewable energy project developed by State Power Investment Corporation (SPIC) abroad [1][2] - The project, with a total investment of $1.11169 billion, aims to diversify Saudi Arabia's energy structure and enhance SPIC's international presence in the energy market [1][2] Group 1 - The Sadawi project is part of Saudi Arabia's Vision 2030 and renewable energy plan, being the largest publicly tendered solar project in the country's history, attracting 23 global energy companies [2] - SPIC holds a 40% stake in the project, collaborating with Abu Dhabi Future Energy Company and Korea Electric Power Corporation for its development [2] - The project team utilized a dynamic warning management system to efficiently manage the approval process, ensuring high collaboration throughout the project lifecycle [2] Group 2 - An innovative three-dimensional approval guarantee system was established, focusing on legal compliance, policy coordination, and financial risk control, involving top law firms and professional institutions [2] - A cross-departmental and inter-ministerial coordination mechanism was developed to expedite domestic and international approvals, utilizing advanced financing models to support project development [2]