TotalEnergies and Aljomaih Energy & Water Company have secured a 300 MW solar power project in Saudi Arabia. The agreement was finalized during French President Emmanuel Macron’s visit to the Kingdom.
The Rabigh 2 solar project is a vital part of Saudi Arabia’s National Renewable Energy Program (NREP). This initiative seeks to diversify the country’s energy mix, aiming for renewables to supply 50% of its electricity by 2030. The project aligns with Saudi Vision 2030’s goal to reduce reliance on liquid fuels for power generation.
Leaders Highlight Renewable Energy Goals
Patrick Pouyanné, CEO of TotalEnergies, expressed excitement about supporting Saudi Arabia’s renewable ambitions. He emphasized the company’s strong presence in the Kingdom, noting that this project aligns with its energy transition strategy.
Ibrahim Al Jomaih, Chairman of Aljomaih Energy & Water, highlighted the project’s role in advancing Saudi Arabia’s Green Initiative. He also praised the collaboration with TotalEnergies and the support from the Saudi Power Procurement Company (SPPC).
Upcoming Milestones in Renewable Energy
The Rabigh 2 solar plant will connect to the grid by 2026. Additionally, TotalEnergies is building the 119 MW Wadi Al Dawasir solar plant, set to start operations in early 2025.
TotalEnergies aims to reach net zero by 2050, targeting 35 GW of installed renewable capacity by 2025. By 2030, the company plans to produce over 100 TWh of net electricity annually.
Aljomaih’s Growing Influence in the Energy Sector
Since its establishment in 2007, Aljomaih Energy & Water has developed a strong portfolio in the utilities sector. The company manages power and water projects across the Middle East, Asia, and Africa, contributing to regional infrastructure development.
