Posts tagged: Citigroup

Solar Power Could Be A Total Game-Changer

It’s very easy to hype solar, which we’ve been doing for much of the year. Capacity is irrefutably going up, and prices are collapsing. However, the absolute capacity figures remain relatively low compared with conventional generation. And in most cases, even large-scale solar is still not cost competitive with traditional sources of electricity. There’s basically […]

Saudi Arabia to Build $640 Million Solar Power Plant in City of Makkah

Last month Citigroup released a report that Saudi Arabia, the world’s largest exporter of crude oil, could actually become a net importer by 2030 if its domestic consumption continues to grow at current rates. Currently the Arab kingdom consumes all of the natural gas it produces and a quarter of its total oil (three million […]