How big is the Saudi Arabia Renewable Energy Market?

The Saudi Arabia Renewable Energy Market size is expected to reach 8.33 gigawatt in 2024 and grow at a CAGR of 23.30% to reach 23.74 gigawatt by 2029. Read More

What is the current Saudi Arabia Renewable Energy Market size?

In 2024, the Saudi Arabia Renewable Energy Market size is expected to reach 8.33 gigawatt. Read More

Who are the key players in Saudi Arabia Renewable Energy Market?

ACWA POWER, Alfanar Group, Abu Dhabi Future Energy Company (Masdar), Engie SA. and Electricite de France SA are the major companies operating in the Saudi Arabia Renewable Energy Market. Read More

What years does this Saudi Arabia Renewable Energy Market cover, and what was the market size in 2023?

In 2023, the Saudi Arabia Renewable Energy Market size was estimated at 6.39 gigawatt. The report covers the Saudi Arabia Renewable Energy Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Saudi Arabia Renewable Energy Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

How will the development of energy storage solutions impact the Saudi Arabia Renewable Energy Market?

Advancements in energy storage will enable better integration of renewable energy sources into the grid, addressing the issue of intermittency and allowing for more reliable renewable energy use. This will further accelerate Saudi Arabia Renewable Energy Market Growth. Read More

Saudi Arabia Renewable Energy Market Share

Statistics for the 2023 & 2024 Saudi Arabia Renewable Energy market share, created by Mordor Intelligence™ Industry Reports. Saudi Arabia Renewable Energy share report includes a market forecast to 2029 and historical overview. Get a sample of this industry share analysis as a free report PDF download.

Market Share of Saudi Arabia Renewable Energy Industry

The Saudi Arabian renewable energy market is moderately fragmented in nature. Some of the major players in the market (in no particular order) include ACWA Power, Alfanar Group, Abu Dhabi Future Energy Company (Masdar), Electricite de France SA, and Engie SA, among others.