Riyadh, Saudi Arabia — Saudi Arabia is establishing five new renewable energy projects as part of the fourth phase of Saudi Arabia’s National Renewable Energy Program, which is supervised by the Ministry of Energy.
The projects being floated by Saudi Power Procurement Company whose total capacity reaches 3,300 MW, includes three which will utilize wind energy and two which will use solar energy.
The total production of projects of the wind energy stands at 1,800mw with projects at Yanbu Al-Ghat and Waad Al-Shamal contributing 700MW, 600MW with 500MW respectively. The total capacity of solar projects is 1,500mw, with Al- Henakiyah and Tubarjal contributing 1100MW and 400MW respectively.
Floating these projects is part of the National Renewable Energy Program as part of the Kingdom of Saudi Arabia’s targets to reach the best energy mix. The country plans to replace the fuel used to produce electricity by 2030, in a bid to realize goals of the Saudi Vision 2030.
