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Solar & Storage EPC in Saudi Arabia

Saudi Arabia is running the largest renewable procurement programme in the region. We deliver EPC and EPC-plus-financing for solar and battery storage into that market from our UAE base.

Offtaker
SPPC
Programme
NREP
2030 target
~130 GW renewables
Net zero
2060

The Saudi market

The National Renewable Energy Program, led by the Ministry of Energy, is the central vehicle for Saudi Arabia's build-out. The Saudi Power Procurement Company handles pre-development, tendering and offtake, and successive NREP rounds have awarded capacity at some of the lowest generation costs recorded anywhere in the world.

The Kingdom targets roughly 130 GW of installed renewable capacity by 2030 under Vision 2030, with renewables supplying around half of electricity generation and net zero by 2060. The Public Investment Fund is mandated to deliver a substantial majority of that capacity through ACWA Power, Badeel and SAPCO.

An honest reading of the market. Independent analysis suggests the 130 GW figure is unlikely to be met in full by 2030, with installed capacity tracking well below the trajectory required. For contractors and investors this is less a warning than a description of where the work is: the gap between target and delivery is the pipeline.

How the market is structured

FunctionBody
Policy and programmeMinistry of Energy
Procurement and offtakeSaudi Power Procurement Company (SPPC)
Transmission and distributionSaudi Electricity Company
RegulationElectricity and Cogeneration Regulatory Authority

Transmission capacity, rather than generation cost, is widely regarded as the binding constraint on how quickly new solar can be absorbed. Projects that account for grid access realistically at feasibility stage are the ones that reach financial close.

What we deliver

Why a UAE contractor

Desert solar is not generic solar. Soiling, extreme ambient temperature, thermal cycling and dust ingress into tracker and inverter systems all behave differently here than in temperate markets, and they shape module selection, cleaning regimes and derating assumptions. Twenty years of building in Gulf conditions is directly transferable across the border.

Frequently asked questions

Who buys the power from renewable projects in Saudi Arabia?

The Saudi Power Procurement Company (SPPC) is the offtaker for projects under the National Renewable Energy Program. It handles pre-development, tendering and power purchase agreements under the Ministry of Energy's supervision.

What is Saudi Arabia's renewable energy target?

Vision 2030 targets approximately 130 GW of installed renewable capacity by 2030, with renewables supplying around 50% of electricity generation. The Kingdom has committed to net zero by 2060.

Is the 2030 target achievable?

Independent analysis suggests it is unlikely to be met in full. Installed capacity reached roughly 13 GW by 2025, and forecasts place 2030 capacity well below the 130 GW target despite successful auction rounds. The shortfall represents continuing procurement opportunity rather than a closed market.

Do you offer financing alongside construction?

Yes. We structure EPC-plus-financing packages with international partners, development finance institutions and family offices, including Shariah-compliant structures, for clients who prefer not to fund projects from their own balance sheet.

What is the main constraint on new solar in Saudi Arabia?

Transmission capacity is generally regarded as the binding constraint rather than generation cost or land availability. Grid access should be assessed realistically at feasibility stage rather than assumed.

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