In addition to the wind projects, five solar photovoltaic (solar PV) plants will be built: Bisha (3,000 MW, Asir province), Humaij (3,000 MW, Madinah province), Khulis (2,000 MW, Makkah province), Afif 1 (2,000 MW, Riyadh province) and Afif 2 (2,000 MW, Riyadh province).
This agreement covers seven large-scale projects: five solar photovoltaic plants and two wind power facilities, distributed across key regions in the Kingdom. The total investment is estimated at $8.3 billion (over SAR 31 billion), aiming to deliver 15,000 MW of renewable energy —12,000 MW from solar and 3,000 MW from wind.
Afif 2 Project in Riyadh Region, with a capacity of 2,000 MW and an LCOE of 4.72346 halalas/kWh (1.25959 US cents). Wind energy projects include: Starah Project in Riyadh Region, with a capacity of 2,000 MW and an LCOE of 7.71422 halalas/kWh (2.05712 US cents).
The capacity connected to the grid is expected to reach 12,713 MW by the end of 2025, and 20,013 MW by the end of 2026. Read Also: Saudi Arabia signs Agreements for 5,500 MW Solar PV Projects Agreements were signed for seven new solar and wind energy projects with a total capacity of 15,000 MW.
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