Saudi Arabia Moves to Become Major Solar Market
SOLAR NOVUS TODAY - Saudi Arabia has launched a very ambitious solar energy program. At the Saudi Solar Energy Forum on 8 May 2012 in Riyadh, Saudi Arabia, officials from the responsible government entity King Abdullah City for Atomic and Renewable Energy (KA-CARE) announced long-term development goals and a policy framework.
By 2032, the oil-rich country plans to generate almost one-quarter of its electricity from solar energy, with 41 gigawatts (GW) of solar power capacity. Next to the solar targets, plans to build wind, geothermal and waste-to-energy, as well as nuclear plants, were also announced. This massive program, worth tens of billions of US dollars, would catapult Saudi Arabia into the group of global leaders in renewable-energy development.