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Saudi awards five 4.5 GW renewable energy projects at investments of over $2 billion, SPA reports
Middle East News
27-10-2025 | 13:31
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Saudi awards five 4.5 GW renewable energy projects at investments of over $2 billion, SPA reports
Saudi Power Procurement Company (SPPC) awarded on Monday five renewable energy projects with a total capacity of 4.5 gigawatts and involving investments of over 9 billion riyals ($2.40 billion), Saudi state news agency SPA reported.
The projects were awarded to UAE's leading renewable energy company, Masdar, TotalEnergies, French utility EDF, among others.
Reuters
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