Saudi Arabia moves toward renewable energy sources

Despite its vast oil reserves, Saudi Arabia is increasingly investing in renewable energy like solar and wind to balance its energy needs and reduce carbon emissions.

Stanley Reed reports for The New York Times.

In short:

• Saudi Arabia aims to generate 50% of its energy from renewable sources by 2030, focusing on large-scale solar and wind projects.
• Aramco is diversifying its energy portfolio by investing in solar power and technologies to reduce carbon emissions.
• The kingdom’s rapid renewable energy expansion is supported by abundant capital and streamlined project approvals.

Key quote:

“The volumes you see here, you don’t see anywhere else, only in China.”

— Marco Arcelli, CEO of Acwa Power

Why this matters:

Saudi Arabia's shift toward renewable energy reflects global pressures to address climate change and signals significant economic diversification. This transition could serve as a model for other oil-dependent economies looking to adopt more sustainable energy practices.

Related EHN coverage:

• Solar soars: Renewable energy, by the numbers
• Global renewable energy has quadrupled over past decade
• Clean energy grows, but many of the poorest remain in the dark