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The agreements were signed with a consortium led by ACWA Power as the main developer, in partnership with the Water and Electricity Holding Company (Badeel), owned by the Public Investment Fund, and Aramco Power, owned by Saudi Aramco. Photovoltaic solar projects include:
The capacity connected to the grid is expected to reach 12,713 MW by the end of 2025, and 20,013 MW by the end of 2026. Read Also: Saudi Arabia signs Agreements for 5,500 MW Solar PV Projects Agreements were signed for seven new solar and wind energy projects with a total capacity of 15,000 MW.
With the addition of these new projects, ACWA Power's solar and wind portfolio in Saudi Arabia now stands at 21 projects, representing more than 34 GW of combined renewable capacity. It also brings ACWA Power's total renewable capacity portfolio to 51.9 GW.
The kingdom had about 4.34 gigawatts of solar capacity as of the end of 2024, according to the Energy Institute's latest Statistical Review of World Energy, but wants to have up to 130GW of solar and wind capacity by the end of the decade. Almost all of Saudi Arabia's electricity is currently supplied by oil and gas-fired power plants.
In a landmark move towards sustainable energy, Saudi Arabia has announced power purchase agreements for the development of five large-scale solar photovoltaic (solar PV) plants and
Agreements were signed for seven new solar and wind energy projects with a total capacity of 15,000 MW.
Saudi Arabia invests $8.3 billion in solar and wind projects, adding 15 GW by 2028—advancing Vision 2030 and reshaping its energy future. Saudi Arabia is taking a bold leap
Saudi Arabia''s state-owned power procurement company, Principal Buyer, has entered agreements worth SR31bn ($8.3bn) with a consortium led by ACWA Power for the development of
ACWA Power leads consortium that will build five solar and two wind projects in the kingdom
The portfolio comprises five photovoltaic solar projects and two wind power plants, located across various regions of the country . Saudi Arabia signs landmark $8.3 billion renewable energy
Valued at approximately $8.3 billion (SAR 31 billion), the projects will deliver a combined 15,000 megawatts of clean energy capacity: 12,000 MW from solar PV and 3,000 MW from wind.
The projects consist of five new solar photovoltaic plants and two wind power plants with total capacity of 15,000 MW Projects form an important part of the Saudi Arabia''s National
Saudi Arabia invests $8.3B in solar and wind energy to meet 2030 targets, led by ACWA Power, PIF, and Saudi Aramco.
The main stakeholders in Saudi Arabia include the Public Investment Fund (PIF), which directly develops around 70% of projects, primarily through subsidiaries like Badeel. The remaining
High-density LiFePO4 and solid-state battery modules with integrated BMS and advanced thermal runaway prevention – ideal for industrial peak shaving and renewable integration.
Active liquid-cooled thermal management combined with AI-driven energy management systems (EMS) for optimal battery performance, safety, and predictive analytics.
Modular energy storage rack cabinets (IP55) and telecom power systems (-48V DC) for data centers, telecom towers, and industrial backup applications.
Solar-storage-charging (S2C) hubs and UL9540A certified containerized BESS (up to 5MWh) for utility-scale projects and microgrids.
We provide advanced lithium battery systems, solid-state storage, battery thermal management (BTMS), intelligent EMS, industrial rack cabinets, telecom power systems, solar-storage-charging (S2C) integration, and UL9540A certified containers for commercial, industrial, and renewable energy projects across Europe and globally.
From project consultation to after-sales support, our engineering team ensures safety, reliability, and performance.
Industriestraße 22, Gewerbegebiet Nord, 70469 Stuttgart, Baden-Württemberg, Germany
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