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Saudi renewables: developers and prices

12 developers are named in the tracker. The lowest published price is 1.24 US¢/kWh and the median 1.57 US¢/kWh.

Developers named
12
Lowest published price
1.24US¢/kWhSudair
Median published price
1.57US¢/kWh11 projects
Largest project
2.0GWAfif 2

Developers by the capacity they hold

  • ACWA Power9.7 GW7 projects
  • Badeel9.6 GW6 projects
  • Saudi Aramco Power8.5 GW5 projects
  • Etihad Water and Electricity1.5 GW1 project
  • KEPCO1.5 GW1 project
  • Nesma Renewables1.5 GW1 project
  • Ajlan & Bros600 MW1 project
  • Marubeni600 MW1 project
  • Jinko Power300 MW1 project
  • Altaaqa112 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

11 projects carry a published price: lowest 1.24, median 1.57, highest 2.98 US¢/kWh.

  • Sudair1.24*
  • Afif 21.26*
  • Afif 11.27*
  • Dwadmi1.33*
  • Saad 11.48*
  • Alghat1.57*
  • Saad 21.79*
  • Wadi Aldawaser1.87*
  • Shaqra1.87*
  • Starah2.06*
  • Layla2.98*

* 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
Sudair1,500 MWACWA Power, Badeel, Saudi Aramco Power1.24*2023
Afif 22,000 MWACWA Power, Badeel, Saudi Aramco Power1.26*2027
Afif 12,000 MWACWA Power, Badeel, Saudi Aramco Power1.27*2027
Dwadmi1,500 MWKEPCO, Etihad Water and Electricity, Nesma Renewables1.33*2028
Saad 1300 MWJinko Power1.48*2024
Alghat600 MWMarubeni, Ajlan & Bros1.57*2026
Saad 21,125 MWACWA Power, Badeel1.79*2025
Wadi Aldawaser112 MWTotalEnergies, Toyota Tsusho, Altaaqa1.87*2025
Shaqra1,000 MWACWA Power, Badeel, Saudi Aramco Power1.87*2027
Starah2,000 MWACWA Power, Badeel, Saudi Aramco Power2.06*2027
Layla91 MWACWA Power2.98*2024

* 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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