Mutajadeda
This program contributes to the improvement of local developers in the field of Renewable Energy production
Application Process:
Initial Loan Application
This is the first step of applying through the online portal, where the client selects the "Mutajadeda" program and receives the preliminary assessment and eligibility results in preparation for the next stage.
Loan Application
At this stage, the applicant submits the required information and documents to enable the relevant team to assess the project from financial, technical, and marketing perspectives.
Project Approval & Signing
At this stage, the client is required to submit the detailed information and documents necessary for evaluating the project from all financial, technical, and marketing aspects, in preparation for the financing decision.
Disbursement
During this stage, loan disbursements are made based on the progress of the project’s implementation, after verifying that all conditions are met and the required documents are submitted.
Mutajadeda Program:
The program supports renewable energy developers and manufacturers of specialized solar and wind energy products to meet local and global demand. It offers three financing tracks: one for the establishment and expansion of factories producing renewable energy components, another for independent renewable energy production projects, and a third for distributed generation projects.
Renewable Energy Component Manufacturers:
Supports the establishment and expansion of factories producing renewable energy components.
Key Benefits:
- Extended repayment period of up to 12 years.
- Grace period of up to 36 months.
- Financing up to 75% of the project cost.
- Alignment with the Renewable Energy Project Development Office to meet the demand requirement.
Independent Renewable Energy Production Projects:
Targets independent projects focused on renewable energy production.
- Extended repayment period of up to 20 years.
- Grace period of up to 36 months.
Distributed generation projects:
Supports renewable energy projects specific to these sectors.
Key Benefits:
- Extended repayment period of up to 12 years.
- Grace period of up to 36 months.
- Financing up to 75% of the project cost.
- Available for project owners and developers in industrial, commercial, agriculture sectors and other sectors.
Partners
Related Pages
Tawteen
the Saudi Industrial Development Fund (SIDF) launched the Tawteen Program, designed to facilitate and strengthen opportunities for localizing supply chains.
Tanafusiya
The program provides financing solutions to support the improvement of the current industrial base through technology and digitization
Last Modified Date: 12/28/2025 - 04:52 PM Saudi Arabia Time
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