中文  |  ENGLISH

Saudi Arabia to become major solar power exporter under new plan

2018.03.31     From: Heiloscsp

The Saudi solar initiative will diversify the national economy and stimulate investment in non-oil industries. The project will also reduce solar power production costs and create employment opportunities, with up to 100,000 jobs in solar power schemes alone.


Saudi Arabia has unveiled plans to transform its solar power production, in line with the Vision 2030 strategy to diversify the country’s economy and end its reliance on oil.


Under the Solar Power Project Plan 2030, the Kingdom expects to produce 200 gigawatts of the solar power by 2030, acccording to the SPA.



At the launch of the plan, experts said the project will transform the Kingdom into a leading exporter of sustainable energy, thanks to its natural resources and environmentally friendly industries relying on sun, wind, and sand rich in silica.


Solar power will be the world’s largest energy source by 2050, according to the International Energy Agency.


The Saudi solar initiative will help to diversify the national economy and stimulate investment in non-oil industries. The project will also reduce solar power production costs and create employment opportunities for Saudi workers, with up to 100,000 jobs in solar power schemes alone.


Meanwhile, King Saud University in Riyadh has joined a research project with Japan and Peru to monitor changes in the sun and their effects on Earth.


The Kingdom’s history of solar research goes back 38 years, when King Salman opened the research plant at King Abdul Aziz City — the first solar power site in the Kingdom. The plant provided solar electricity to Uyayna, Jubaila and rural centers near Riyadh.


The solar village, part of a Saudi-US partnership, produces 350 kilowatts of electricity through concentrated photovoltaic complexes.


Crown Prince Mohammed bin Salman has outlined Saudi Arabia’s transformation into a “Kingdom of Sustainable Energy” era within five months.


In October 2017, Riyadh hosted the beginning of the development of the strategy (Solar Plan 2030) with the participation of the Public Investment Fund and Softbank Vision Fund.


On March 28, during his groundbreaking visit to the US, the crown prince signed a memorandum of understanding with Softbank Vision Fund to create a plant for the project, which would be completed and ready to start production of solar energy by early 2019.


Prince Turki bin Saud bin Mohammed, president of King Abdul Aziz City for Science and Technology, said: “Saudi Arabia’s current energy needs are 75 gigawatts. The 2030 solar plan would enable the Kingdom to export surplus electricity and thus provide alternative energy to the Kingdom’s oil.”


Relevant CSP Conference:2018 CSP Focus Conference(June 27-28 Morocco)

Leave your thoughts here

Free Reports

See more+
  • China Large-scale CSP Projects Update

    Updating--Jan., 2020 Edition24 pagesPart 1: Background and Fact Sheet (P1-11) · Implementation and adjustment of 1st batch of CSP demonstrations· FiT policy update and prediction· Sum-up on the 20 projects technology, location, ownership and key participants Part 2: Milestones of Ch

  • Suppliers List of China Key CSP Projects (Updating)

    13 key concentrated solar power projects in China undergoing:Shouhang Dunhuang 100MW Molten Salt Parabolic Trough ProjectRoyal Tech Yumen 50MW Parabolic Trough ProjectDCTC Dunhuang 50MW MS CLFR ProjectRayspower Yumen 50MW Trough ProjectCNNC Royal Tech Urad 100MW Parabolic Trough ProjectSupcon Delingha 50MW Molten Salt Tower ProjectLuNeng Haixi 50 MW Solar Thermal Tower Plant ProjectPower C

  • Construction and Operation of SUPCON SOLAR Delingha 50MW Tower CSP Project

    40 pages in totalCompany Profile (P3-4)Construction of Delingha 50MW Tower CSP Project (P6-17)Operation of Delingha 50MW Tower CSP Project (P18-30)Issues during Commissioning and Operation (P31-39)

  • BrightSource Engineering and Manufacturing System

    Engineering, Supply Chain, Construction, Business Intelligence. What about the Min O&M?

Upcoming Events

See more+

Project Updates

See more+

CONTACT US

Tex:+86-21-6111 0177

Email:csp@cspfocus.cn


备案/许可证编号为:沪ICP备17051021号

Wechat public platform

Follow CSP Focus for more news