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وكالة الأنباء القطرية
Saudi Energy profits rise 7.5%
Saudi Energy Company’s profits increased by 7.5% in the first half of 2026, reaching a net profit of 6.7 billion riyals. Operating revenues grew by 10.5% to 52.2 billion riyals. The company expanded its generation capacity to 56.9 gigawatts, an increase of 604 megawatts compared to last year. Plant readiness improved to 87.1%, and electricity production rose by 2.6% to 109.2 terawatt-hours. Additionally, grid-connected renewable energy capacities increased to 17.8 gigawatts, while battery energy storage capacities grew from 8 to 18 gigawatt-hours after the commissioning of five new projects adding 10 gigawatt-hours.
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