OEF Rapid Review Articles
Saudi Arabia’s long-awaited drive to free up more oil revenue by shifting to solar power generation is expected to pick up speed next quarter, according to local developers eyeing contracts. “I’m fully expecting within the first quarter 500 megawatts to come out in tenders and then it’ll ramp up,” said Paddy Padmanathan, the chief executive officer of Acwa Power International in Riyadh. “That will be a game changer for the region.” Power demand growth in Saudi Arabia is one of the largest in the region.
LINK TO THE SOURCE ARTICLE:
Solar Power Generation In Saudi Arabia: A Game-Changer For The Region
LINK TO THE SOURCE ARTICLE:
Solar Power Generation In Saudi Arabia: A Game-Changer For The Region