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Saudi renewables: developers and prices

23 developers are named in the tracker. The lowest published price is 1.04 US¢/kWh and the median 1.51 US¢/kWh.

Developers named
23
Lowest published price
1.04US¢/kWhShuaibah 1
Median published price
1.51US¢/kWh31 projects
Largest project
3.0GWAl Humaij

Developers by the capacity they hold

  • ACWA Power27.6 GW18 projects
  • Badeel26.9 GW15 projects
  • Saudi Aramco Power23.1 GW13 projects
  • Masdar5.7 GW6 projects
  • EDF Renewables3.7 GW6 projects
  • SPIC2.4 GW4 projects
  • GD Power2.0 GW1 project
  • KEPCO2.0 GW1 project
  • Nesma Renewables1.4 GW2 projects
  • Al Jomaih1.0 GW3 projects

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

31 projects carry a published price: lowest 1.04, median 1.51, highest 2.98 US¢/kWh.

  • Shuaibah 11.04*
  • Najran1.09*
  • Sudair1.24*
  • Afif 21.26*
  • Afif 11.27*
  • Bisha1.29*
  • As Sdawi1.29*
  • Al Humaij1.31*
  • Al Masa'a1.36*
  • Al Darb1.36*
  • Khulis1.36*
  • Saad 11.48*

* 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
Shuaibah 1600 MWACWA Power, Badeel, Saudi Aramco Power1.04*2024
Najran1,400 MWMasdar1.09*2028
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
Bisha3,000 MWACWA Power, Badeel, Saudi Aramco Power1.29*2027
As Sdawi2,000 MWMasdar, KEPCO, GD Power1.29*2027
Al Humaij3,000 MWACWA Power, Badeel, Saudi Aramco Power1.31*2027
Al Masa'a1,000 MWEDF Renewables, SPIC, Saudi Aramco Power1.36*2027
Al Darb600 MWMasdar1.36*2027
Khulis2,000 MWACWA Power, Badeel, Saudi Aramco Power1.36*2027
Saad 1300 MWJinko Power1.48*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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