By Abbas Nazil
Saudi Arabia has taken a major step toward expanding its clean energy portfolio by awarding five large-scale renewable energy projects with a combined capacity of 4.5 gigawatts (GW) and an investment value exceeding 9 billion riyals, equivalent to around $2.4 billion.
The Saudi Power Procurement Company (SPPC) confirmed that the projects were allocated to top international renewable energy developers, including Masdar from the United Arab Emirates, France’s Electricité de France (EDF), and TotalEnergies.
This milestone supports the Kingdom’s ongoing efforts to diversify its energy sources and reduce its reliance on fossil fuels.
It also aligns with Saudi Arabia’s Vision 2030 blueprint, which aims to build a sustainable and resilient energy sector that combines economic growth with environmental responsibility.
The awarded projects are designed to generate enough electricity to power hundreds of thousands of Saudi households while contributing to a significant reduction in greenhouse gas emissions.
The SPPC emphasized that these developments represent an essential part of the national renewable energy program, which seeks to make renewable power a central pillar of the country’s future energy mix.
The collaboration with major international energy firms highlights Saudi Arabia’s openness to global partnerships in accelerating its clean energy transformation.
Masdar’s participation brings extensive experience in solar and wind development, while EDF and TotalEnergies are expected to contribute advanced technological solutions and expertise in large-scale energy infrastructure.
The new projects are also expected to strengthen Saudi Arabia’s grid system, improve energy access in remote regions, and boost local job creation within the renewable energy value chain.
Energy analysts see the move as a strategic response to global climate goals and a clear signal of the Kingdom’s growing commitment to sustainable energy transition.
By investing in renewable power, Saudi Arabia aims to produce half of its electricity from clean sources by 2030, with the remainder generated from natural gas.
This initiative further reinforces the objectives of the Saudi Green Initiative, which commits the nation to achieving net-zero carbon emissions by 2060 while fostering innovation in green technologies.
The 4.5GW capacity addition comes at a time when renewable energy is witnessing rapid expansion worldwide, driven by declining technology costs and increasing environmental awareness.
Saudi Arabia’s latest investment underscores its determination to lead in renewable energy development across the Middle East and establish itself as a key player in the global transition toward a sustainable energy future.