Riyadh Gigawatt Solar Project

Masdar consortium completes $1.1bn Saudi solar project funding

The 2-gigawatt Al Sadawi solar project in Saudi Arabia, involving a $1.1 billion investment, has achieved financial close. The consortium developing the project includes

2024 Oct 05

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Korean Solar Project Financing Powers Saudi

The solar project, located in the Sadawi desert about 523 kilometers north of Riyadh, was awarded last November to a consortium

2025 Jun 04

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SIG and Yellow Door Energy Launch 2MW Solar Project in Riyadh

The 2-MWp solar installation, covering 8,000 square meters and featuring over 3,200 solar panels, is set to become one of the first on-grid industrial solar projects in Saudi

2024 May 16

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Korean Solar Project Financing Powers Saudi Arabia''s Future

The solar project, located in the Sadawi desert about 523 kilometers north of Riyadh, was awarded last November to a consortium headed by Masdar, a leading

2025 Aug 31

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Masdar Consortium Secures $1.1 Billion Funding for Saudi

Two projects in Riyadh (Afif 1 and Afif 2), each with 2-gigawatt capacity. Together, these developments reflect the kingdom''s strategy to meet rising domestic electricity demand

2024 Jul 05

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ACWA Power Saad 2 solar project starts with

Riyadh, Saudi Arabia — ACWA Power has officially launched commercial operations for the Saad 2 photovoltaic power plant, achieving

2024 Jul 14

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Saudi Arabia to boost renewable energy with $8bn

A consortium led by Saudi utilities giant ACWA Power is to invest $8.3bn to build 15 gigawatts of solar and wind farms in the kingdom

2025 Jun 08

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Saudi Arabia Secures $5.9 Billion Financing to Build 15 GW of New Solar

Saudi Arabia has secured nearly $5.9 billion in senior debt financing for a massive 15 gigawatt expansion of its renewable energy sector, marking one of the largest single rounds

2024 Jul 25

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Masdar-led consortium to build Saudi solar plant | AGBI

Masdar, the UAE clean energy company, has won a contract with Chinese and South Korean partners to develop a 2GW solar project in Saudi Arabia. The company, along

2025 Apr 01

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Rabigh 2 Solar Independent Power Project (IPP)

On December 3, 2024, AlJomaih Energy & Water and Total Energies Renewables signed the agreement for the Rabigh 2 Solar Independent Power Project (IPP) in Riyadh, Saudi Arabia.

2025 Jun 11

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Masdar-led group secures Saudi Arabia solar project

A consortium of UAE clean energy company Masdar, China''s GD Power and Korea Electric Power Corporation (Kepco) has been awarded the right to develop the two

2025 Jun 13

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Rabigh 2 Solar Independent Power Project (IPP)

On December 3, 2024, AlJomaih Energy & Water and Total Energies Renewables signed the agreement for the Rabigh 2 Solar Independent

2024 May 06

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ACWA Power Saad 2 solar project starts with 759MW in Riyadh

Riyadh, Saudi Arabia — ACWA Power has officially launched commercial operations for the Saad 2 photovoltaic power plant, achieving 759.3 MW of its planned 1,125

2024 Jun 25

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Saudi Arabia Secures $5.9 Billion Financing to Build 15 GW of

Saudi Arabia has secured nearly $5.9 billion in senior debt financing for a massive 15 gigawatt expansion of its renewable energy sector, marking one of the largest single rounds

2024 Oct 06

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Saudi Arabia to boost renewable energy with $8bn investment

A consortium led by Saudi utilities giant ACWA Power is to invest $8.3bn to build 15 gigawatts of solar and wind farms in the kingdom as it accelerates its push into renewables.

2025 Jul 14

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