Saudi Arabia’s renewable energy capacity set to jump 88% by 2025
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Saudi Arabia expects its operating renewable energy projects to increase in capacity by 88 percent during 2025, reaching 12.313 gigawatts by year’s end.
This growth reflects an acceleration in the development and operation of renewable energy projects within the country. Data from the General Authority for Statistics show that the Kingdom will have 15 operating renewable energy projects by the end of 2025, with total investments reaching 36.11 billion riyals (9.6 billion US dollars).
This expansion aligns with Saudi Arabia’s efforts to diversify its energy mix and increase its use of renewable sources. The figures are part of the “Saudi Number” initiative launched by the General Authority for Statistics, which aims to highlight key national statistics and demonstrate developments in economic, social, and developmental areas. The growth in renewable energy is happening alongside expansion in the housing sector, as the National Housing Services Company increases its technological investments.
Ibrahim Al Mubarak, Assistant Minister of Investment in Saudi Arabia, emphasized the importance of expanding and diversifying investment between Saudi Arabia and Beijing. Engineer Majed Al-Refaie, Chairman of the Saudi Institute of Technical Energy Renewables, stated that the sector is undergoing an unprecedented transformation in the Kingdom’s modern economic history.
