Saudi Gazette report
RIYADH — Saudi Arabia is now implementing renewable power initiatives at prices even decrease than China and India, Vitality Minister Prince Abdulaziz bin Salman stated, emphasizing the Kingdom’s world management in inexperienced hydrogen, battery applied sciences, and clear power.
“Saudi Arabia has grow to be cheaper than China and India,” the minister stated in the course of the Worldwide Workshop on Renewable Vitality and Inexperienced Hydrogen Exports held in Riyadh on Sunday. “As I at all times say: meet up with us in the event you can.”
“15 gigawatts of renewable power initiatives in only one week on the best costs globally — and with satisfaction: catch up in the event you can!”
Minister of Vitality speaks at this time on the Worldwide Workshop in Riyadh: “Renewable Vitality and Inexperienced Hydrogen Export” on the Kingdom’s… pic.twitter.com/VjdYkivJwO
— وزارة الطاقة (@MoEnergy_Saudi) July 20, 2025
Prince Abdulaziz pressured the Kingdom’s means to compete with China even in battery manufacturing, citing the current undertaking in Bisha and the most recent tender spherical the place “we managed to meet up with China.”
The minister highlighted the signing of renewable power initiatives with a mixed capability of 15 gigawatts final week, with costs among the many best globally.
He stated the Kingdom is executing these initiatives at exceptionally low prices throughout each wind and solar energy sectors.
Prince Abdulaziz additionally confirmed that Saudi Arabia is already exporting inexperienced hydrogen and that the nation is engaged on battery initiatives with a mixed capability of 48 gigawatts.
He famous that Saudi Arabia is concurrently advancing carbon seize initiatives, together with pipelines and associated infrastructure.
Along with its renewable power push, the Kingdom is present process an unprecedented enlargement in fuel manufacturing and is enhancing its fleet of energy era models with essentially the most environment friendly programs out there globally.