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Home News Saudi Arabia Signs Deal for 15 GW of New Solar and Wind... Representational image. Credit: Canva
With the addition of these projects, the company's renewable portfolio in Saudi Arabia grows to 21 projects with a total capacity exceeding 34GW. On a global scale, ACWA Power's renewable footprint expands to 51.9GW, strengthening its international presence and impact within the global clean energy industry.
The consortium of CEEC Global, Guangdong Electric Power Design Institute, and Northwest Electric Power Design Institute has been awarded contracts for both the wind projects and the Khulis 2GW solar project. The combined value of their EPC contracts is nearly $2.74 billion, highlighting scale and confidence in their capabilities.
Stay proactive with real-time data and expert analysis. Wind energy projects include the 2GW Starah project and the 1GW Shaqra project in the Riyadh region. The collective agreement marks the largest-ever single-phase commitment to renewable energy development internationally.
The five PV and two wind power projects signed this time have a total investment of US$8.3 billion, all of which are jointly developed by Badeel, a subsidiary of Saudi sovereign wealth
On December 23, 2025, the National Development and Reform Commission and the National Energy Administration jointly issued the Opinions on Promoting the Large-Scale Development of
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
The document stresses accelerating research and development in key technologies, materials and equipment, supporting leading solar thermal firms and research institutions in
Saudi Arabia''s ACWA Power–PIF–SAPCO consortium closes $8.2bn financing for 15GW solar and wind projects under the National Renewable Energy Programme.
In 2024, Risen plans to orderly progress its high-efficiency, low-carbon advanced capacity projects, including a 15GW N-type solar cell project in Ninghai, Zhejiang, and a 15GW high-efficiency
Saudi Arabia has announced a major $8.3 billion investment in seven large-scale solar and wind energy projects, adding 15 GW of clean energy capacity to its grid by 2028. The initiative
These agreements mark a major step toward the development of seven large-scale renewable energy projects—five solar photovoltaic (PV) plants and two wind power
ACWA Power''s aggressive expansion in recent times aligns with the trend. ACWA is actively pursuing new renewable energy projects in Saudi Arabia, aligned with the kingdom''s goal to
PVTIME – Yesterday, Shuangliang Group subsidiary, Shuangliang Eco-Energy Co., Ltd. (hereinafter referred to as “Shuangliang”), announced that it had won the bid for providing phase B of
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We provide advanced photovoltaic batteries, lead-carbon storage, modular racks, intelligent EMS, solar inverters, industrial cabinets, telecom enclosures, commercial storage, off-grid microgrids, and CE-certified containerized solutions for commercial, industrial, and renewable energy projects across Europe and globally.
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