- The Kingdom of Saudi Arabia aims to substantially increase the share of renewable energy in the total energy mix, 27.3 GW by 2024 and 58.7 GW by 2030.
- The Kingdom of Saudi Arabia recently awarded a 400-megawatt (MW) wind farm, following an award earlier in the year to build a 300-MW solar plant.
- The Kingdom of Saudi Arabia has announced plans to develop a $2 billion solar and carbon black integrated complex in the heart of the Kingdom.
- The Kingdom of Saudi Arabia is fast moving away from fossil fuels, adopting renewable energy with the goal of generating at least 30% of its power from renewables by 2030.
- The Kingdom of Saudi Arabia recently announced round 2 of its renewable energy programmes, by inviting expressions of interest for seven solar PV projects, with combined generation capacity of 1.51 GW worth an investment value of $ 1.5 Billion
- The Kingdom of Saudi Arabia ranks 6th in the world for Solar Energy potential and 13th in the world for wind energy potential
- The Kingdom of Saudi Arabia boasts electricity generation figures of 330 B KWh per year
- Over 20 mega projects involving $50 Billion worth of investments
- The water sector in the Kingdom of Saudi Arabia will see over $50 Billion in investments by 2020
