{"id":86641,"date":"2025-10-28T13:05:48","date_gmt":"2025-10-28T10:05:48","guid":{"rendered":"https:\/\/amlak.net.sa\/?p=86641"},"modified":"2025-10-28T13:05:48","modified_gmt":"2025-10-28T10:05:48","slug":"5-%d9%85%d8%b4%d8%b1%d9%88%d8%b9%d8%a7%d8%aa-%d8%b7%d8%a7%d9%82%d8%a9-%d9%85%d8%aa%d8%ac%d8%af%d8%af%d8%a9-%d9%81%d9%8a-%d8%a7%d9%84%d8%b3%d8%b9%d9%88%d8%af%d9%8a%d8%a9-%d8%a8%d8%aa%d9%83%d9%84%d9%81","status":"publish","type":"post","link":"https:\/\/amlak.net.sa\/en\/86641\/","title":{"rendered":"5 renewable energy projects in Saudi Arabia at a record cost and investment of 9 billion riyals"},"content":{"rendered":"

In the presence of His Royal Highness Prince Abdulaziz bin Salman bin Abdulaziz, Minister of Energy and Chairman of the Saudi Power Purchase Company<\/a>Five were awarded. New electricity production projects<\/a> of renewable energy sources in the Kingdom, including a new wind energy project in Dawadmi, in addition to four solar energy projects.<\/p>\n

New renewable energy projects<\/span><\/h4>\n

Record Wind energy project<\/a> The Dawadmi wind farm set a new world record for the cost of electricity production, with a production cost of 1.338 US cents per kWh, the lowest price in the world for producing electricity from wind energy. The Najran solar project also achieved the second lowest cost globally in producing electricity from solar energy, with a production price of 1.097 US cents per kWh.<\/p>\n

These projects were awarded as part of the sixth phase of the National Renewable Energy Program, which is overseen by the Ministry of Energy, with a total capacity of 4,500 MW, and investments in these projects exceeded SAR 9 billion ($2.4 billion).<\/p>\n

Details of renewable energy projects<\/span><\/h4>\n

The Dawadmi Wind Power Project (1500 MW) with a consortium that includes Korea Electric Power Company (KEPCO), Nesma Renewable Energy and Etihad Water and Electricity, at a production cost of 1.338 US cents per kWh.<\/p>\n

Najran Solar Power Project (1400 MW) with Masdar at a production cost of 1.097 US cents per kWh.<\/p>\n

Al Darb Solar Power Project (600 MW) with Masdar, at a cost of 1.361 US cents per kWh.<\/p>\n

Samta Solar Power Project (600 MW) with a consortium of Saudi Electricity Company and EDF, at a cost of 1.487 US cents per kWh.<\/p>\n

The Shippen Solar Project (400 MW) with a consortium that includes Al Jomaih Energy and Total Energies Renewables, at a cost of 1.507 US cents per kWh.<\/p>\n

These projects are an important addition to the National Renewable Energy Program, through which the Kingdom aims to achieve the goals of Saudi Vision 2030, which includes the transition to a more sustainable and efficient energy mix.<\/p>\n

The success of these projects is attributed to the efforts made in facilitating the investment environment, efficient financing and development models, and the geographical survey conducted by the Ministry of Energy.<\/p>\n

Responsible Power Purchasing Organization<\/span><\/h4>\n

The Saudi Power Purchase Company (SPPC), which is responsible for studying, proposing and implementing electricity generation projects, has so far signed power purchase agreements totaling 43.2 GW, out of 64 GW of planned projects by 2025.<\/p>\n

For more details on renewable energy projects in Saudi Arabia, you can Visit the website<\/a>.<\/p>\n

 <\/p>","protected":false},"excerpt":{"rendered":"

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