Saudi Arabia's green technology and sustainability market is entering a high-growth phase, driven by massive renewable energy deployment, green hydrogen production, and carbon management projects under the country's Vision 2030 plan. A new report from Ken Research outlines how the Kingdom is targeting around 50% renewable electricity by 2030, with a pipeline of 100 GW to 130 GW of renewable capacity and annual tendering of 20 GW of new projects. Key opportunities span solar and wind equipment, battery storage, smart-grid systems, and engineering services. Beyond power generation, the market is expanding into green hydrogen, with the NEOM project involving USD 8.4 billion in investment and designed to produce 600 tonnes of clean hydrogen daily. Carbon capture is also gaining strategic importance, with a planned project in Jubail expected to capture up to nine million metric tonnes of CO2 annually by 2027. Water security and sustainable resource management, including energy-efficient desalination and wastewater treatment, add further commercial potential. The report provides decision-makers with intelligence on market dynamics, technology adoption, regulatory developments, and investment priorities across the Kingdom's green technology ecosystem. As the market shifts from policy formation to project execution, early participation in equipment supply, engineering services, or local manufacturing could offer strategic advantages.
