The ambitious target
Saudi Vision 2030 sets a goal of generating 50% of electricity from renewables by 2030, requiring total capacity of 100–130 GW. It is complemented by the Saudi Green Initiative: net-zero emissions by 2060, cutting 278 million tonnes of emissions annually by 2030, and planting 10 billion trees.
Where does the Kingdom stand today?
- 12.3 GW of installed renewable capacity by March 2025.
- +9 GW added in 2025 alone — regional leadership in MENA.
- USD 34 billion in documented investments, placing the Kingdom among the world's top ten renewable investors.
- Sudair (1.5 GW) and Al-Shuaibah (2.6 GW) among the world's largest projects.
The mechanism: competitive auctions
The Renewable Energy Project Development Office (REPDO) runs competitive tender rounds that have achieved world-record low prices, attracting international developers and creating a stable, transparent investment environment.
Hydrogen: the Kingdom's trump card
Beyond electricity, the Saudi economy is betting on exporting green hydrogen and ammonia: the NEOM project (USD 8.4 billion) is entering commissioning, and the Yanbu initiative (up to 4.4 GW of electrolysers) is on the way — positioning the Kingdom as a global clean-fuel leader.
Opportunities for the private sector
This expansion opens wide doors for local companies: project development, local manufacturing of panels and components (local-content requirements), commercial and industrial rooftop systems, energy storage, efficiency, and O&M — the fields our company specialises in.
