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Saudi Arabia Signs 15 PPAs of 24.389 GW in 2025

Saudi Arabia signed 15 power purchase agreements (PPAs) in 2025, contracting a total generation capacity of 24.389 gigawatts (GW), according to data published by the Principal Buyer – Saudi Power Procurement Company (SPPC).

The PPAs cover a portfolio of gas-fired and renewable energy projects across multiple locations in the Kingdom with capacities ranging from 400 megawatts (MW) to over 3,000 MW.

The largest projects by capacity include the 3,010 MW combined-cycle gas turbine (CCGT) Hajar project, the 3,000MW Humaij solar PV project and the 3,000 MW Bisha solar PV project.

Other large-scale developments include Starah wind power project (2,000 MW), Khulis solar PV project (2,000 MW), Afif 1 and Afif 2 solar PV projects of 2,000 MW capacity each.

Mid-sized projects include Dawadmi wind power project (1,500 MW), Najran solar PV project (1,400 MW), Rabigh 1 CCGT power plant (1,179 MW) and Shaqra wind power project (1,000 MW).

Smaller projects include Yanbu wind power project (700 MW), Samtah solar PV project (600 MW), Ad Darb solar PV project (600 MW) and Sufun solar PV project (400 MW).

SPPC said the Dawadmi project achieved a levelized tariff of $0.0133 per kilowatt-hour (1.33 US cents/kWh), which it described as a global benchmark for wind power generation.

Saudi Arabia had tendered a total of 64 GW of renewable energy capacity by the end of 2025, according to the Ministry of Energy.

The Kingdom is targeting a 50 percent share for renewables in its energy mix used to produce electricity by 2030, according to the Ministry of Energy.

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