Saudi Arabia Accelerates Clean Energy Transition with 24.389 GW of Renewable PPAs

Saudi Arabia marked a major milestone in its clean energy expansion in 2025 with the signing of 15 Power Purchase Agreements (PPAs), representing a total production capacity of 24.389 gigawatts (GW), according to data released by the Kingdom’s Principal Buyer.

The signed agreements span multiple large-scale renewable energy projects across the country, significantly strengthening Saudi Arabia’s renewable power portfolio and accelerating progress toward its national energy transition goals.

Among the key projects included are the Yanbu (700 MW), Sufun (400 MW), Shaqra (1,000 MW), Dawadmi (1,500 MW), Starah (2,000 MW), Bisha (3,000 MW), and Najran (1,400 MW) projects. Additional developments include Rabigh 1 (1,179 MW), Humaj (3,000 MW), Khulis (2,000 MW), Afif 1 and Afif 2 (2,000 MW each), Samtah (600 MW), Ad Darb (600 MW), and Hajar (3,010 MW).

The Dawadmi wind power project achieved a new global benchmark for the lowest cost of wind power generation, with a tariff of 1.33 US cents per kilowatt-hour (¢/kWh), setting a new international record and underscoring Saudi Arabia’s growing competitiveness in renewable energy procurement.

The milestone reflects the Kingdom’s strategic push to diversify its energy mix, enhance power generation efficiency, and support long-term sustainability under its Vision 2030 framework. The large-scale signing of PPAs also highlights increasing investor confidence in Saudi Arabia’s renewable energy market and regulatory ecosystem.