This is interesting. I had hoped since 6 years that the Falak with PSPW makes such an so offensive. The Arab area is predestined for alternative energy. Unfortunately, it makes Saudi Arabia. We can only hope, hope. A wunderfull week.
Monday, January 16, 2017 in the newspaper n-tv. (Translated at google)
Budget of 50 billion dollars Saudi Arabians are massively expanding green electricity
Green electricity for the desert state: the oil-rich Saudi Arabia is a huge sum in renewable energies. The country wants to produce green electricity with a volume of up to eight nuclear power plants. The neighbors should also benefit.
The oil giant Saudi Arabia wants to expand its energy supply and invest up to 50 billion dollars in green electricity projects in the coming years. The first calls for tenders would start in the coming weeks, announced energy minister Chalid al-Falih at a conference in Abu Dhabi. A capacity of ten gigawatts is therefore provided, which corresponds to approximately seven to eight modern nuclear reactors.
The construction of electricity routes in Yemen and Jordan and Egypt is also planned. Specifically, there should be a total investment of 30 billion to 50 billion dollars by the year 2023, said the minister.
The desert state has been trying for years to reduce its dependence on oil and not to burn as much of the raw material as its own electricity and desalination of seawater. Renewable energies have so far reached less than one percent. They are to be expanded within the framework of the plans for economic reforms submitted last year.
The Kingdom is also under pressure because the oil price has fallen sharply in recent years. This is borne by state revenues. In addition, domestic energy demand is growing at an annual rate of eight percent.
