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Climate Change

Marubeni to build first Saudi megasolar plant, targets 2023 opening

Japan company expands skill and footprint with fourth Middle East solar project

Marubeni owns part of the Sweihan megasolar plant in the United Arab Emirates, one of the world's largest at 1.17 gigawatts.

TOKYO -- Japanese trading house Marubeni looks to open a megasolar plant in Saudi Arabia by June 2023, the company's first solar project in the country and fourth in the Middle East.

Marubeni has formed a joint venture with Saudi utility Al Jomaih Energy & Water for the plant, to be built in Mecca Province. The Rabigh solar plant will carry a capacity of 300 megawatts and sell power over a 25-year period. It will serve an industrial region, and Marubeni will handle construction, maintenance and operation.

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