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Solar Power: The New Saudi Oil Which Could Lead Region’s Energy Supply Chain By 2030

Venture may cost $200 billion, add 100,000 jobs in the kingdom; Plan envisions 200GW of solar capacity in Saudi Arabia by 2030 — i.e. half of the world’s 400 gigawatts of combined solar energy supplied last year. May 18, 2018 (BE2C2) — Recently, Saudi Arabia and Japan’s SoftBank announced the world’s biggest solar power generation project. The announcement has drawn unprecedented global attention to the memorandum signed between the two, The MoU seeks to build the world’s largest solar power project in Saudi Arabia at a cost of $200 billion.Read More