JEDDAH: The Saudi Arabian General Investment Authority (SAGIA) participated in Solar Power-Gen Conference held in Orlando, Florida in the US from Dec. 4 to 6.
The authority represented Saudi Arabia at the event with the aim of creating awareness about the investment opportunities available in the solar energy sector in the Kingdom.
Under the Solar Power Project Plan 2030, the Kingdom expects to produce 200 gigawatts of solar energy by 2030.
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.
The Kingdom’s history of solar research goes a long way back, when a research plant was opened at King Abdul Aziz City — the first solar-powered 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.
Saudi Arabian General Investment Authority takes part in solar power conference in US
Saudi Arabian General Investment Authority takes part in solar power conference in US
- Under the Solar Power Project Plan 2030, the Kingdom expects to produce 200 gigawatts of solar energy by 2030
Red Sea Global unveils scientific model for regenerative tourism worldwide
- The report details the model’s rollout at “The Red Sea” and “AMAALA” destinations, backed by studies covering 8 marine habitats
TABUK: Red Sea Global (RSG) has unveiled a science-based model aimed at achieving a 30 percent net positive conservation benefit across its tourism destinations by 2040.
The framework is now available for global adoption, according to a statement released by RSG.
Owned by Saudi Arabia’s Public Investment Fund (PIF), Red Sea Global is the multi-project developer behind ambitious regenerative tourism destinations like “The Red Sea” and “AMAALA.”
As a cornerstone of the Kingdom’s Vision 2030, the company aims to diversify the national economy while setting new global benchmarks for sustainable, nature-positive development.
CEO John Pagano stated that openly sharing this detailed approach will help elevate the global tourism sector and secure a healthier environment for future generations.
The cornerstone of this initiative is the proprietary SIIG Model, a four-step framework:
• Survey: Establish biodiversity baselines and monitor long-term changes.
• Identify: Assess risks to priority habitats and species.
• Intervene: Execute evidence-based actions, such as regulating fishing and enhancing natural habitats.
• Gain: Measure and verify biodiversity improvements.
The report details the model’s rollout at “The Red Sea” and “AMAALA” destinations, backed by extensive 2022–2023 environmental baseline studies covering eight marine habitats and priority species groups during 2022 and 2023.
A major intervention is the 5,015-square-kilometer Fishery Management Area in Al-Wajh Lagoon. The plan reserves 38 percent of the area for priority conservation—protecting 62 percent of local coral reefs—while allocating 61 percent for sustainable fishing.
According to scientific modeling, eliminating fishing in high-protection zones could increase reef fish populations by 113 percent, sharks and rays by 72 percent, and marine mammals by 24 percent. These measures are expected to boost coral resilience, support ecosystem recovery, and protect vulnerable species like sea turtles and seabirds.
Ihab Kindi, RSG’s Red Sea Destination Executive Director, called the data-driven model a practical roadmap for large-scale marine recovery. The complete methodology is available in the new report, “The SIIG Model: A Roadmap Toward Achieving Measurable Conservation Gains.”
