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
Crown prince speaks with regional, global leaders about Iranian aggression
- Calls came as several Gulf Arab states were targeted by Iranian missiles
- Also spoke with French president, Pakistani prime minister
RIYADH: Crown Prince Mohammed bin Salman spoke to several regional leaders on the phone on Saturday, the Saudi Press Agency reported.
The calls came as several Gulf Arab states were targeted by Iranian missiles after Tehran pledged to retaliate against strikes by the US and Israel that hit several cities in Iran in the early hours of Saturday.
The crown prince spoke with UAE president Sheikh Mohammed bin Zayed Al-Nahyan, Bahraini King Hamad bin Isa Al-Khalifa, Qatari Emir Sheikh Tamim bin Hamad Al-Thani, Kuwaiti Emir Sheikh Mishal Al-Ahmad Al-Jaber Al-Sabah, and King Abdullah II of Jordan.
The crown prince affirmed the Kingdom’s full solidarity with, and support for, their nations and stressed “Saudi Arabia’s readiness to mobilize all its resources to assist them in responding to the brutal Iranian attacks they suffered, which undermine the region’s security and stability,” the SPA added.
He also received a call from Egyptian President Abdel Fattah El-Sisi, SPA reported.
They reviewed the impact of the ongoing escalation, with the Egyptian leader affirming Egypt’s solidarity with the Kingdom and backing for the steps it has taken to defend its sovereignty and maintain regional stability.
Prince Mohammed also received a call from French President Emmanuel Macron, during which he reiterated Saudi Arabia’s condemnation of the Iranian rocket attacks targeting the Kingdom and neighboring states, affirming that all necessary measures are being taken to defend its territory and support sisterly countries in safeguarding their sovereignty and security.
In a separate call, Pakistan’s Prime Minister Shehbaz Sharif expressed his country’s solidarity with Saudi Arabia and support for the measures it is taking to protect its sovereignty, security and stability in response to the Iranian attacks, SPA added.
