Saudi Arabia Awards 4.5 GW of Solar and Wind Energy Projects

The auction discovered the lowest LCOE of wind projects worldwide

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The Saudi Power Procurement Company (SPPC) has awarded four solar and one wind projects totaling 4.5 GW in the sixth phase of the National Renewable Energy Program (NREP).

Solar Projects

Abu Dhabi Future Energy Company won the 1.4 GW Najran solar project at a levelized cost of energy (LCOE) of SAR0.04 (~$0.01)/kWh. Abu Dhabi Future Energy Company won the 600 MW Ad Darb solar project at an LCOE of SAR0.05 (~$0.01)/kWh. The project will be located in Jazan province.

Saudi Electricity Company and Électricité de France Power Solutions International won the 600 MW Samtah solar project at an LCOE of SAR0.06 (~$0.02)/kWh. The project will be located in Jazan province.

A consortium comprising Al Jomaih Energy & Water Company Holding and TotalEnergies Renewables won the 400 MW Sufun solar project at an LCOE of SAR0.06 (~$0.02)/kWh. The project will be located in Hail province.

Wind Project

A consortium comprising Korea Electric Power Corporation, Nesma Renewable Energy Company, and Etihad Water and Electricity Company won the 1.5 GW Dawadmi wind project at an LCOE of SAR0.05 (~$0.01)/kWh. The project will be located in Riyadh province.

The tariff for the 1.5 GW project is the lowest for wind power generation worldwide.

The projects are expected to be set up with total investments exceeding SAR9 billion (~$2.4 billion).

By the end of 2025, Saudi Arabia’s total renewable energy generation capacity tendered is expected to reach 64 GW.

Upon the signing of the projects awarded under the sixth phase of the NREP, the total signed renewable capacity will be 43.2 GW. Of the 43.2 GW, 12.3 GW of projects are already connected to the grid.

In September 2025, the SPPC, a government-owned entity under Saudi Arabia’s Ministry of Energy, released tender documents for the seventh round of the country’s NREP. The latest round has invited bids for 3.1 GW of solar and 2.2 GW of wind energy projects.

Last December, the SPPC finalized power purchase agreements for three solar photovoltaic projects totaling 1.7 GW. SPCC confirmed these agreements under the program’s fifth round, shortlisting bids for an additional 3.7 GW of capacity.

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