The Saudi power sector is in the midst of significant developments aimed at generating and growing its capacity to supply electricity to residential consumers and commercial customers. Facing strong demand for electricity, a desire to diversify its domestic energy mix, the need to improve energy efficiencies, the decline in the cost of alternative energy sources, and the abundance of solar radiation across the country are measures that will allow the Kingdom to become a global leader in renewable energy. To date, a number of independent power producers (IPP) have developed solar and wind projects and the growth of the private sector as a catalyst plays a prominent role in shaping the sector’s future.
Subscribe NOW and
Enjoy Unlimited Access to All USSBC Reports!
Discover timely, practical, and actionable information on business opportunities and emerging market trends
Report Covers Topics Such as:
WANT TO SEE A FREE SAMPLE REPORT?
Download our Housing & Mortgage Market Economic Brief now!
INTERESTED IN BECOMING A USSBC MEMBER?
Join our extensive network of U.S. and Saudi business entities with access to market intelligence, member-to-member connections, logistical support and more.Learn more and apply today
USSBC Reports may not be reproduced, distributed, transmitted, published or further distributed to any person, directly or indirectly, in whole or in part, by any medium or in any form, digital or otherwise, for any purpose or under any circumstances, by any person for any purpose without the U.S.-Saudi Business Council’s prior written consent.