Saudi Arabia raises $ 30 billion in renewable energy

    Saudi Arabian Energy Minister Abdul-Aziz Bin Salman said recently in Abu Dhabi that Saudi Arabia will increase the proportion of solar system price Saudi Arabia  consumption in order to achieve emission reduction targets and increase oil exports.

    Abdul Aziz said that for Saudi Arabia, the ideal energy consumption structure should be based on natural gas and renewable energy. "By 2030, we will fully develop natural gas consumption, and renewable energy will also account for a large proportion." The more Saudi Arabia uses renewable energy and natural gas, the more oil produced in the country will be exported to the international market.

    It is reported that Saudi Arabia recently launched the third round of national renewable energy plan, which aims to increase the share of solar energy in the national power structure. On February 18, a major regional power industry investor stated in the Dubai media that Saudi Arabia's renewable energy plan will greatly boost its economic diversification plan, and that public and private sector investment will increase to 30 billion by 2025. Over USD.