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A Saudi plan to invest $ 80 billion in renewable energy


Posted By Morris On 05 Mar 2019 in Power and Energy

King Abdullah City of Atomic Energy presents nine projects in partnership with the private sector

King Abdullah City of Atomic Energy presents nine projects in partnership with the private sector

The Saudi plan is moving forward with the expansion of renewable energy and diversification of partnerships with progressive countries in the field, which will contribute to the development of a larger picture to maximize the sector with the vision of "2030".

Part of a workshop organized by the Riyadh Chamber in cooperation with the King Abdullah City of Atomic Energy yesterday
The plans, with the launch of the King Abdullah City for Atomic and Renewable Energy, represented by the Committee on Renewable Energy, represent 9 projects in the renewable energy sector that the city wishes to implement in partnership with the private sector as part of its efforts to increase local content in the field of localization of renewable energy technology in the Kingdom »Vision 2030».

Dr Abdulrahman Al Ibrahim, Chairman of the Renewable Energy Committee at the Riyadh Chamber of Commerce, said Saudi Arabia's renewable energy plans would boost resettlement opportunities and global partnerships with a number of developed countries such as Russia, China, European countries and the United States. Renewable energy technologies, and their ease of transfer is the key to maximizing this sector.


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