Saudi Arabia recently announced it will invest $100 billion in developing renewable energy, and particularly solar power. Whilst a third of this amount will be allocated to building nuclear power plants, the majority will be used to develop other sources, in particular solar power.
According to Saudi Aramco, the Kingdom experiences roughly 3000 hours of sunlight annually, and features “empty stretches of desert that can host solar arrays and vast deposits of clear sand that can be used in the manufacture of silicon photovoltaic cells”.
The drivers for the development of solar infrastructure and its monetarization are plentiful. Aside from having one of the highest solar radiation averages in the world, the Saudi Arabian private sector has the financial strength to launch solar power generation and manufacturing once the technologies reduce opportunity costs and supported by governmental incentives.
by rizrazi2 years ago
I came to know that the Rape as a Crime is highest in USA, Here i would like to know the views of peoples .. WHY???
by Deforest5 years ago
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by Deforest3 years ago
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by Susie Lehto18 months ago
Barack Obama will be lucky to average a 1.55% GDP growth rate.According to Louis Woodhill, if the economy continues to perform below 2.67% GDP growth rate this year, President Barack Obama will leave office with the...
by Dave McClure5 months ago
Pres. Trump's first significant act abroad was a massive arms deal with Saudi Arabia, already the biggest arms importer - and user - in the Middle East. Next day, speaking to the heads of Saudi, the GCC and other Arab...
by Madame X7 years ago
Said only the way a Brit could say it http://dotsub.com/view/84f5c72d-b0ba-40 … c40995e011
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