Saudi Arabia has signed two power purchase agreements (PPAs) with a consortium led by Japan's MARUBENI Corp. (<a href="https://quote.jpx.co.jp/jpx/template/quote.cgi?F=tmp%2Fe_stock_detail&QCODE=8002&MKTN=T&cht=21&mode=D#chart" target="_blank">TYO:8002</a>) for 1,100 MW of wind energy capacity, claiming that it has achieved a world "record low" price for wind energy at USD 15.65 (EUR 14.35) per MWh.