Saudi Arabia Commits $8.3 Billion to 15 GW Renewable Energy Expansion by 2028
On July 14, 2025, Saudi Arabia signed power purchase agreements for seven utility-scale solar and wind projects totaling 15 gigawatts (GW) of clean energy capacity. The $8.3 billion initiative—led by ACWA Power, Aramco’s SAPCO, and PIF-owned Badeel—marks a major step toward the Kingdom’s goal of installing 130 GW of renewables by 2030, with 70% of […]
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