


As a wholly owned company of the Public Investment Fund (PIF), RELC is supported by long-term investment backing and strategic alignment with the Kingdom’s national energy and industrial priorities.

To build competitive solar PV, wind, and broader industrial capabilities through partnerships, driving technology transfer and lasting value for shareholders and the Kingdom







Our values guide how RELC works with partners, advances localization and supports long-term value creation across Saudi Arabia’s renewable energy ecosystem.
Experienced leadership
with strong expertise





Impact — Economic
RELC contributes to long-term economic value by advancing renewable energy localization through strategic investments, partnerships and industrial ecosystem development. Its work supports local capability building, technology transfer, supply chain resilience and high-quality employment opportunities, helping strengthen Saudi Arabia’s renewable energy sector and wider industrial economy.
SAR 57 Bn
Estimated GDP Contribution by 2030
Supporting economic value through renewable energy localization, industrial development and strategic investment.
~6,000
High-Quality Jobs Supported
Supporting skilled employment opportunities across manufacturing, R&D and related services.
Impact — Energy Security
Contribution to the localization of renewable energy components and supply chains
75%
Supporting the Kingdom’s ambition for renewable energy to account for around half of the electricity generation mix by 2030, RELC strengthens supply resilience by advancing localized capabilities across renewable energy equipment and components.

RELC supports national energy security by advancing renewable energy value chain localization through strategic investments and partnerships. By strengthening local manufacturing readiness, supply chain resilience and technology transfer, RELC contributes to a more secure and competitive supply base for renewable energy equipment and components in the Kingdom.
Impact — Jobs & Localisation
RELC supports high-quality job creation by advancing renewable energy localization through strategic investments, partnerships and capability-building initiatives. By enabling local manufacturing readiness, technology transfer and industry collaboration across priority renewable energy segments, RELC contributes to the development of local talent and a stronger industrial foundation for long-term economic growth.
Impact — Technology Transfer
RELC supports technology transfer and innovation by advancing partnerships with leading global players and enabling R&D, training and capability-building opportunities in the Kingdom. By connecting global expertise with local industrial capabilities, RELC helps strengthen know-how, support renewable energy localization and enhance the Kingdom’s long-term competitiveness across the renewable energy value chain.



RELC contributes to Saudi Arabia’s national energy and industrial ambitions by enabling renewable energy localization through strategic investments, partnerships and capability building. As a wholly owned company of the Public Investment Fund (PIF), RELC supports industrial development, supply chain resilience and long-term economic diversification, aligned with national priorities, and PIF’s strategy to fulfill the objectives of Vision 2030.