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
| Project | Capacity | Developers | US¢/kWh | Operation |
|---|---|---|---|---|
| Ar Rass 1 | 700 MW | ACWA Power, Badeel, SPIC | 1.50* | 2024 |
| Khushaybi | 1,500 MW | ACWA Power, Badeel, Saudi Aramco Power | 1.67* | 2026 |
| Ar Rass 2 | 2,000 MW | ACWA Power, Badeel | 1.69* | 2025 |
* LCOE. A price is a tariff or a levelised cost of electricity (LCOE) as its source states it, not a delivered electricity price.