Overview

Saudi Arabia has announced plans to become the region's renewable energy hub by 2030, recognizing the importance of a diverse energy mix for its long-term economic prosperity. The Kingdom also aspires to become a major manufacturing hub, offering green energy investors attractive investment opportunities in a large and underdeveloped market

Explore Saudi Arabia's

Renewable Energy Sector

6th
country worldwide for solar energy potential
13th
country worldwide for onshore wind energy potential

Value Proposition

Limitless solar and wind energy endowment

Saudi Arabia is ideally located at the center of the sunbelt and has an excellent potential for sun irradiation across most of its regions.

Saudi Arabia is ideally located in the Hadley cell and has an excellent potential for wind energy along the northeast, central regions and mountains in the western region.

Large unsaturated regional market

In addition to the growing local demand, manufacturers have the opportunity to meet an energy demand of 17 GW in the GCC and 70 GW in the MENA region
Energy companies in Saudi Arabia can leverage a logistical advantage, such as cheaper transportation costs and faster supply times to GCC bordering countries

Advanced knowledge-based market

A strong ecosystem of advanced renewables research and innovation with pioneering initiatives involving many entities.
The renewable energy atlas and the supplier database are two examples of comprehensive market information databases .

An investor centric ecosystem

Tailored investment incentives are provided to encourage private sector investments.
Facilitate the formation and expansion of businesses in order to make the investment experience as simple as possible.