Investment Sector
Energy
Leading the Global Energy Transition
Saudi Arabia aims to generate 50% of its power from renewable energy by 2030, expanding capacity to 130 GW. The Kingdom is investing $270 billion in solar, wind, and green hydrogen projects. The Saudi Green Initiative drives carbon emission reduction and sustainable energy development.
Market Size
$270 Billion
Growth Rate
+45%
Total Investment
$270B by 2030
Employment
300,000+ jobs
Vision 2030 Goals
Strategic objectives for this sector
- Generate 50% of power from renewables by 2030
- Achieve 130 GW renewable energy capacity
- Become a global leader in green hydrogen
- Reduce carbon emissions by 278 million tons annually
Growth Drivers
Key factors driving sector growth
- Abundant solar and wind resources
- Government commitment to sustainability
- Growing domestic energy demand
- Export potential for green hydrogen
- International climate commitments
Regulatory Bodies
Government organizations overseeing this sector
Ministry of EnergyECRAREPDOSaudi Green Initiative