Saudi Arabia advances with clean energy projects, aiming for 50% renewables by 2030

Muneef Al-Muneef, general director of renewable energy policies at the Saudi Ministry of Energy, said that 2.8 GW of clean electricity will be operational before the end of the year. PHOTO/AN
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Updated 09 October 2023
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Saudi Arabia advances with clean energy projects, aiming for 50% renewables by 2030

RIYADH: As Saudi Arabia sets its sights on deriving half of its energy mix from renewable sources by 2030, the Kingdom is actively advancing with 22.8 gigawatts of renewable energy projects.  

In an interview with Arab News, Muneef Al-Muneef, general director of renewable energy policies at the Saudi Ministry of Energy, shed light on the Kingdom’s ongoing commitment to expanding its renewable energy portfolio. 

“Right now, we have 22.8 GW of renewable energy projects under different stages of development; 2.8 GW will be operational before the end of the year,” Al-Muneef said. 

He further explained that construction will soon commence on an additional 4 GW, with an extra 8 GW entering the execution phase following the ministry’s signing of power purchase agreements for these projects. 

Furthermore, Saudi Arabia is set to tender another 8 GW of renewable energy projects before the year’s end, Al-Muneef revealed.

He added that these projects primarily comprise solar and wind energy initiatives strategically located across the Kingdom based on demand and potential. 

Exploring new technologies, Al-Muneef explained that the Kingdom is continuously monitoring the performance of other innovations that can be used to achieve its national targets. 

“We look at storage technologies and within storage. We look at battery storage. Even within battery storage, we look at whether it’s lithium-ion or vanadium redox; all technologies are welcome,” said Al-Muneef.  

The ministry has also looked at pumped hydro storage and geothermal technologies.

“We don’t really tie ourselves to one. We’re consistently monitoring the potential of these technologies and their level of applicability in the Kingdom and whether these technologies can help us achieve our targets,” he added. 

Furthermore, Al-Muneef underscored the pivotal role of hydrogen in charting a sustainable path forward.

He emphasized that hydrogen is poised to have a “vital role” in Saudi Arabia’s decarbonization efforts. 

However, Al-Muneef pointed out the hurdles when embarking on clean energy initiatives. He mentioned that the global surge in renewable energy projects has intensified the strain on the supply chain. 

Functional challenges have been inherent in renewable energy projects. For instance, when clouds obstruct solar panels or a lack of breeze in wind energy projects, the cost of operations to support these facilities increases.


Saudi Arabia sees 21% jump in mining sector licenses since 2016

Updated 15 December 2025
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Saudi Arabia sees 21% jump in mining sector licenses since 2016

  • The growth in the Kingdom’s mining sector licenses aligns closely with Saudi Arabia’s Vision 2030 objectives, launched in 2016

RIYADH: Saudi Arabia’s mining sector has shown sustained growth, with the number of mining licenses increasing from 1,985 in 2016 to 2,401 by the end of 2024, representing cumulative growth of 21 percent, according to the 2024 mineral wealth statistics from the General Authority for Statistics.

The data highlights a steady upward trend in recent years. Licenses rose to 2,100 in 2021, marking a 6 percent increase from the previous year. 

The upward trajectory continued with 2,272 licenses in 2022, 2,365 in 2023, and 2,401 in 2024, reflecting expanding exploration and investment activity across the Kingdom’s mining sector. Building material quarries accounted for the largest share of mining permits, climbing from 1,267 licenses in 2021 to 1,481 by 2024. 

Exploration licenses also recorded consistent growth, supporting the Kingdom’s broader push to develop its mineral resources. 

Other categories of mining activity saw significant expansion, including 2,554 exploration licenses, 744 exploitation licenses, 151 reconnaissance licenses, and 83 surplus mineral ore licenses issued during the same period.

The growth in the Kingdom’s mining sector licenses aligns closely with Saudi Arabia’s Vision 2030 objectives, launched in 2016, which aim to diversify national income sources and strengthen non-oil sectors.