Saudi Arabia Will Implement 7 Solar Power Projects Worth USD 1.51 billion

Within the framework of its economic diversification push Vision 2030 , Saudi Arabia plans to launch seven photovoltaic solar power projects with a capacity of 1.52 GW and worth USD 1.51 billion.

The projects were unveiled by Saudi Arabia’s Ministry of Energy, Industry, and Mineral Resources as part of its wider ambition to present investment and employment opportunities in the country.

Saudi Arabia plans to use renewable energy such as solar (40 GW), wind (16 GW), and concentrated solar (3 GW) through large-scale investments by 2030.

Source: https://wognews.net/

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