Saudi Arabia has finally noticed it has twenty centuries of solar reserves and has made plans to tap them. For its own use.
The Kingdom has just announced a $109 billion plan to create a solar industry that generates a third of the nation’s electricity by 2032, according to Bloomberg Businessweek.
Maher al- Odan, a consultant at the King Abdullah City for Atomic and Renewable Energy (KACARE) announced a plan to have 41 GW of solar capacity within two decades.
To put 41 GW in perspective, China is the world’s leader in wind power now, overtaking Germany and the U.S. with about 48 GW of wind. This is a very serious move by a country well able to afford this kind of investment, that till recently has lagged the rest of the MENA region in renewables trailing Egypt, Morocco, Tunisia, Algeria and the United Arab Emirates.
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