Renewable Energy StoriesRenewable Energy Stories
  • Home
  • Solar News
    • Utility Scale
    • Rooftop Solar
    • Manufacturing
  • Other Renewables
    • Wind Energy
    • Biofuels
    • Hydro Power
    • Others
  • Storage
    • Lithium-Ion
    • Large Storage (100 kW+)
    • Small Storage
    • Battery Technology
  • Research
  • Finance
  • Events
  • Advertise
Facebook Twitter Instagram
India Edition | South East Asia Edition
Facebook Twitter LinkedIn
Renewable Energy StoriesRenewable Energy Stories
  • Home
  • Solar News
    • Utility Scale
    • Rooftop Solar
    • Manufacturing
  • Other Renewables
    • Wind Energy
    • Biofuels
    • Hydro Power
    • Others
  • Storage
    • Lithium-Ion
    • Large Storage (100 kW+)
    • Small Storage
    • Battery Technology
  • Research
  • Finance
  • Events
  • Advertise
Renewable Energy StoriesRenewable Energy Stories
Home » Saudi Arabia Announces 10 New Renewable Energy Projects
Other Renewables

Saudi Arabia Announces 10 New Renewable Energy Projects

By Saur News Bureau Mon, Dec 12th, 2022
D3
Green Economy Key Priority for Dubai Free Zones Council
Share
Facebook Twitter LinkedIn Pinterest Email

The Kingdom of Saudi Arabia is mulling over the development of 10 new renewable energy projects in the country. According to reports, the new RE projects are aimed at enhancing the power generated from solar and wind sources and further reducing the use of fossil fuels – especially oil – to generate electricity.

The new renewable energy projects have been announced in the budget of Saudi Arabia for 2023 that was announced with a surplus. As per reports, the total capacity of power generation of the announced renewable energy projects will be 7 GW.

All of the RE projects are part of the strategy to realise the Kingdom’s 2030 Vision that aims at economic diversification and the expansion of renewable energy in the energy mix of Saudi Arabia to 50 percent by the end of this decade.

The specification of the projects or the costs to be incurred is yet to be known. In the budget, Saudi Arabia has set an objective of cutting the diesel consumption and the generation of electricity by over 5000 barrels a day in a quest to further the cause of decarbonisation of the economy.

In June, Fitch Solutions held that the OPEC member, which has about 700 MW of renewable energy online at present, would see 5.2 GW of green energy coming online by 2031. The Energy Minister of Saudi Arabia said that the country will double the renewable energy tenders this year and give a fillip to the clean electricity availability.

Until now, projects worth 7.1 GW have been tendered and are in different stages of completion. More than twice this capacity will come up in 2022 and 2023 for tendering in Saudi Arabia.

The Kingdom recently added five new renewable energy projects that will produce an additional 3300-MW of power and the projects are a part of the ongoing National Renewable Energy Program. According to the General Authority of Statistics, Kingdom of Saudi Arabia, the country has plans to produce a massive 15.1 TWh of renewable energy by 2024.

10 new renewable energy projects green electricity Kingdom of Saudi Arabia Middle East renewable energy renewable energy Saudi Arabia West Asia renewables
Share. Facebook Twitter Pinterest LinkedIn Tumblr Telegram Email
Saur News Bureau
  • Website

Related Posts

ACWA Power Expands RE in China, Saudi Arabia, and Beyond

May 9, 2025

Jordan Aims to Reach RE Target Earlier Than Planned

May 9, 2025

BYD Ships First Batch of Energy Storage Units to Saudi Arabia

May 8, 2025

Leave A Reply Cancel Reply

19 − eleven =

Latest News
  • ACWA Power Expands RE in China, Saudi Arabia, and Beyond
  • Jordan Aims to Reach RE Target Earlier Than Planned
  • China’s Almaden Plans New Solar Glass Factory in Abu Dhabi
  • BYD Ships First Batch of Energy Storage Units to Saudi Arabia
  • Sun, Wind and Bids, Iraq Goes Renewable
Solar News

China’s Almaden Plans New Solar Glass Factory in Abu Dhabi

May 8, 2025

Iraq Plans to Expand Solar Energy In Multiple Provinces

May 6, 2025

Scatec Begins Work on Egypt’s First Solar and BESS Project

May 6, 2025

Sembcorp Operationalize 588MWp Solar Power Plant In Oman

May 5, 2025
ADVERTISE WITH US

We are the no.1 B2B solar media in India. With SaurEnergy, you have a full menu of options to pick from to reach the largest audience for your products and services.

To get in touch, contact us at info[at]saurenergy.com

Or Call at 9891147599 / 8802315631

Facebook Twitter Instagram YouTube LinkedIn WhatsApp
Latest News
  • ACWA Power Expands RE in China, Saudi Arabia, and Beyond
  • Jordan Aims to Reach RE Target Earlier Than Planned
  • China’s Almaden Plans New Solar Glass Factory in Abu Dhabi
  • BYD Ships First Batch of Energy Storage Units to Saudi Arabia
  • Sun, Wind and Bids, Iraq Goes Renewable
SAURENERGY NEWSLETTER

Subscribe to Updates

Get the latest creative news from FooBar about art, design and business.

    [mc4wp_checkbox]

    © 2025 Saurenergy International.

    Type above and press Enter to search. Press Esc to cancel.

    Newsletter Subscription

      [mc4wp_checkbox]