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Saudi renewables: developers and prices

4 developers are named in the tracker. The lowest published price is 1.50 US¢/kWh and the median 1.67 US¢/kWh.

Developers named
4
Lowest published price
1.50US¢/kWhAr Rass 1
Median published price
1.67US¢/kWh3 projects
Largest project
2.0GWAr Rass 2

Developers by the capacity they hold

  • ACWA Power4.2 GW3 projects
  • Badeel4.2 GW3 projects
  • Saudi Aramco Power1.5 GW1 project
  • SPIC700 MW1 project

Each developer is credited with the whole capacity of every project it is named on, so joint projects count for each partner and the bars do not add to the total.

The lowest published pricesUS¢/kWh

3 projects carry a published price: lowest 1.50, median 1.67, highest 1.69 US¢/kWh.

  • Ar Rass 11.50*
  • Khushaybi1.67*
  • Ar Rass 21.69*

* LCOE. A price is a tariff or a levelised cost of electricity (LCOE) as its source states it, not a delivered electricity price.

Projects by price

ProjectCapacityDevelopersUS¢/kWhOperation
Ar Rass 1700 MWACWA Power, Badeel, SPIC1.50*2024
Khushaybi1,500 MWACWA Power, Badeel, Saudi Aramco Power1.67*2026
Ar Rass 22,000 MWACWA Power, Badeel1.69*2025

* LCOE. A price is a tariff or a levelised cost of electricity (LCOE) as its source states it, not a delivered electricity price.

Source: Renewable Vision, The Saudi Renewables Tracker, records compiled 2026-09-28. Map borders: Natural Earth, indicative.

Information, not advice. Built with RV Studio.

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