Saudi Arabia Accelerates Green Agenda Implementation
Japan's Marubeni will build two state-of-the-art wind farms in the Kingdom
Japan and Saudi Arabia will cooperate in promoting renewable energy. At an economic forum between the two countries held in Tokyo on May 21, a number of important agreements were signed between Saudi Power Procurement Co. and a consortium led by Japan’s Marubeni Corporation to build two state-of-the-art wind farms in Saudi Arabia: Al-Ghat with a capacity of 600 Megawatts and Waad al Shamal with a capacity of 500 Megawatts of electricity.
The agreements are part of the so-called “fourth phase” of Saudi Arabia’s national program to develop renewable energy in the country, overseen by the Ministry of Energy. The signing was attended by Saudi Arabia’s Energy Minister Abdulaziz bin Salman al Saud and Japan’s Minister of Economy, Trade, and Industry Saito Ken.
After signing the agreements, Saudi Crown Prince Mohammed bin Salman held a meeting via videoconference with Japanese Prime Minister Fumio Kishida. The Crown Prince told Kishida that “Saudi Arabia remains committed to a steady supply of crude oil to Japan” and that Saudi Arabia “would like to cooperate with Japan in many other areas, including clean energy.”