In just six years, Saudi Arabia will have built up its capacity of renewable energy from approximately 25 MW to 9.5 GW. Therefore the oil country is ready to invest between USD 30-50 billion in primarily wind and solar projects. This was the promising message from Saudi Arabia's energy minister, Khalid Al-Falih, at the World Future Energy Summit currently taking place in Abu Dhabi.
This is according to reports from several media including The National.
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