Saudi firms sign $8.3 billion clean energy deals
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jul 13 2025
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Source: Reuters
Power Purchase Agreements Signed: Several Saudi companies, including ACWA Power and Aramco Power, signed agreements for clean energy projects totaling 15 gigawatts and approximately $8.3 billion in investments.
Renewable Energy Goals: The projects include solar and wind power plants across various cities, contributing to Saudi Arabia's goal of achieving 130 gigawatts of renewable capacity by 2030.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
