Tuesday, January 17, 2017

Saudi to launch $30-50 billion renewable energy program soon: minister

Saudi to launch $30-50 billion renewable energy program soon: minister | Reuters

Saudi Arabia will launch in coming weeks a renewable energy program that is expected to involve investment of between $30 billion and $50 billion by 2023, Saudi Energy Minister Khalid al-Falih said on Monday.

Falih, speaking at an energy industry event in Abu Dhabi, said Riyadh would in the next few weeks start the first round of bidding for projects under the program, which would produce 10 gigawatts of power.


(http://uk.reuters.com/article/us-saudi-energy-renewables-idUKKBN1501HE?utm_content