Saudi Arabia has announced a $200 billion plan to build the world’s biggest solar-power project, which would end the country’s dependence on oil. The project, which would result in panels taking up vast tracts of the desert equivalent to a million football pitches, has been secured by Crown Prince Mohammed bin Salman and could mark a change in the world’s environmental management. Under the terms of the arrangement, solar-power plants would supply enough electricity not only for Saudi Arabia but much of the Middle East. In doing so it would allow the country to export more oil for money and, it is claimed, help in the spread of renewable, low-carbon energy worldwide.
Times 29th March 2018 read more »
Saudi Arabia has cast light on its $200bn (£141bn) plans to cut its reliance on oil by rolling out the world’s most ambitious solar power project through a deal with SoftBank. The agreement will drive investment in a series of solar parks across the kingdom to be built by 2030, capable of generating enough power for 150 million homes.
Telegraph 28th March 2018 read more »
FT 28th March 2018 read more »