Saudi Arabia signed several agreements to develop solar energy projects with the presence of French President Emmanuel Macron on Tuesday during the Saudi-French Investment Forum held in Riyadh.

Among the key agreements, French company TotalEnergies partnered with Al-Jomaih Energy and Water to establish the Rabigh 2 solar power plant with a capacity of 0.3 GW.

Additionally, the Saudi Power Procurement Company signed agreements with EDF and China’s SPIC to develop two solar plants with a total capacity of 1.4 GW.

These initiatives aim to enhance the Kingdom’s renewable energy capacity to reach 130 GW by 2030.