Saudi Arabia’s $1.1 Billion Al Sadawi Solar Project Reaches Financial Milestone
The Al Sadawi solar PV project in Saudi Arabia’s Eastern Province has achieved financial closure, according to project reports. The $1.1 billion development led by Abu Dhabi’s Masdar is positioned to become one of the world’s largest solar installations. Commercial operation is anticipated by early 2027 following a 25-year power purchase agreement.
Major Solar Initiative Advances in Eastern Province
Saudi Arabia’s ambitious Al Sadawi solar PV project has reached a significant financial milestone, positioning it to become one of the world’s largest solar installations, according to project documentation. Located in the country’s Eastern Province, the massive renewable energy initiative represents a substantial step in the kingdom’s diversification away from hydrocarbon-based power generation.
