On renewables, Saudi Arabia has quadrupled the connected capacity from 700MW last year to 2.8 GW

HRH Prince Abdulaziz bin Salman, Minister of Energy of Saudi Arabia inaugurated the third edition of the Saudi Green Initiative (SGI) Forum 2023 at COP28 in United Arab Emirates.

In his opening address, Prince Abdulaziz discussed the Kingdom’s progress in transforming its domestic energy mix, investing in new energy sources, and boosting energy efficiency measures to accelerate progress towards reaching net-zero by 2060.

“Saudi Arabia is on track to achieve its goal of reducing carbon emissions by 278 million tonnes per annum (mtpa) by 2030,” he said, while revealing that “on renewables, we have quadrupled our connected capacity from 700MW last year to 2.8 GW”. 

He also commented on how the Kingdom is advancing international climate collaboration, saying that “we are boosting innovation and utilizing the widest range of technologies to reap the benefit of economic prosperity, secure affordable access to energy in a more sustainable future for all, while addressing the core climate change challenges”.