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Saudi renewables: developers and prices

9 developers are named in the tracker. The lowest published price is 1.31 US¢/kWh and the median 1.60 US¢/kWh.

Developers named
9
Lowest published price
1.31US¢/kWhAl Humaij
Median published price
1.60US¢/kWh4 projects
Largest project
3.0GWAl Humaij

Developers by the capacity they hold

  • Saudi Aramco Power3.4 GW2 projects
  • ACWA Power3.0 GW1 project
  • Badeel3.0 GW1 project
  • EDF Renewables1.5 GW2 projects
  • Masdar1.1 GW1 project
  • Nesma Renewables1.1 GW1 project
  • Ajlan & Bros700 MW1 project
  • Marubeni700 MW1 project
  • SPIC400 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

4 projects carry a published price: lowest 1.31, median 1.60, highest 1.72 US¢/kWh.

  • Al Humaij1.31*
  • Henakiyah 21.51*
  • Henakiyah 11.68*
  • Yunbu1.72*

* 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
Al Humaij3,000 MWACWA Power, Badeel, Saudi Aramco Power1.31*2027
Henakiyah 2400 MWEDF Renewables, SPIC, Saudi Aramco Power1.51*2026
Henakiyah 11,100 MWMasdar, EDF Renewables, Nesma Renewables1.68*2025
Yunbu700 MWMarubeni, Ajlan & Bros1.72*2027

* 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.

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