Saudi Arabia to start solar project soon

Monday, 5 February 2018

Minister of Energy, Industry and Mineral Resources Khalid Al-Falih said Saudi Arabia will very soon have power from renewable energy, adding that this week, and for the first time, a project for solar power was signed at a competitive value to provide 300 megawatts of solar power.He said, “This is part of the National Transformation Program and it will be followed by other projects for wind power to make Saudi Arabia a leader in renewable energy like it is the case in petroleum, gas and ...

Saudi Arabia to exceed renewable energy targets

Thursday, 24 August 2017

Saudi Arabia aims to exceed its target to generate 9.5 gigawatts of electricity from renewable energy annually, to highlight its long-term commitment to green energy, a senior government official said. “We plan to exceed 9.5 gigawatts,” Turki al-Shehri, head of the energy ministry’s Renewable Energy Project Development Office (REPDO) told the Sino-Saudi investment forum in Jeddah on Thursday. “The whole idea of this is to give investors a sense of comfort that the ...

Saudi Arabia approves proposal for a national program for atomic energy

Monday, 24 July 2017

Saudi Arabia’s cabinet of ministers have approved a proposal to establish a national program for atomic energy during its latest session on Monday.The proposal, presented by Saudi Arabia’s Crown Prince Mohammed bin Salman, was approved on Monday and consists of a number of programs and initiatives as figured out in the resolution.Top oil exporter Saudi Arabia plans to generate 9.5 gigawatts of electricity from renewable energy by 2030, as it approved its Vision 2030 reform plan last ...

Jump in renewable energy jobs worldwide: Agency

Wednesday, 24 May 2017

The renewable energy sector employed 9.8 million people worldwide in 2016, marking a sharp increase from 2012, the Abu Dhabi-based International Renewable Energy Agency said on Wednesday. In its “Renewable Energy and Jobs - Annual Review 2017”, IRENA says the sector employed seven million people five years ago. “Falling costs and enabling policies have steadily driven up investment and employment in renewable energy worldwide since IRENA’s first annual assessment in 2012, ...

Oil exporter Saudi Arabia starts hunt for solar, wind firms

Monday, 20 February 2017

The world’s biggest oil exporter on Monday took the first step towards a goal of generating 9.5 GW of energy through solar and other renewable means.It invited local and international firms to try to qualify for bidding on two projects.One is for 300 MW of solar energy to be built in Al-Jouf province, in the kingdom’s north.The second is for a 400 MW wind power development in Tabuk, northwestern Saudi Arabia, the energy ministry said in a statement.Government estimates say Saudi peak ...

Egypt’s solar power upset clouds investors’ outlook

Sunday, 7 August 2016

Developers who prequalified for solar and wind projects under attractive feed-in-tariff schemes say they face delays and currency risks

Saudi Arabia targets 9.5 gigawatts of renewable by 2030

Tuesday, 26 April 2016

In 2012, the world’s top oil exporter said it would install 17 gigawatts of nuclear power by 2032 as well as around 41 GW of solar capacity

‘Oil prices may recover this year, but no more than $50 a barrel’

Tuesday, 12 April 2016

An APICORP report released predicts a positive outlook on energy investments despite oil price challenges

Davos 2016: Major growth needed in renewable energy

Wednesday, 20 January 2016

Over the next 30 years, two-thirds of all new energy supply will come from renewable sources

Egypt’s renewable energy sector offers $6 bln investment opportunity

Monday, 11 January 2016

Egypt continues to mobilize private regional and foreign capital to support the country’s renewable energy sector

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