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Saudi Arabia awards five renewables projects worth $2.4 billion

Summary by Oil & Gas 360
(Oil Price) – Saudi Arabia has awarded one wind power and four solar power projects in the country worth a total estimated investment of $2.4 billion (9 billion Saudi riyals), the official Saudi Press Agency reports. Saudi Power Procurement Company, the principal buyer of the projects, awarded the five projects with a total capacity of 4.5 gigawatts (GW), as part of the sixth phase of the Kingdom’s National Renewable Energy Program. Saudi Arabia…
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Oil & Gas 360 broke the news in Denver, United States on Tuesday, October 28, 2025.
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