Posts tagged: solar powerhouse

Saudi Arabia will Invest Tens of Billions in Renewable Energy

By: Jason Lemon Saudi Arabia plans to become a “solar powerhouse” and invest tens of billions in renewable energy sources. Currently, less than 1 percent of Saudi Arabia’s energy is renewable. The kingdom’s economy relies primarily on oil production. Energy, Industry and Mineral Recourses Minister Khalid Al-Falih said that Riyadh will invest between $30 to $50 […]