Policy Uncertainty Poses Risk for Renewables Investment in Saudi Arabia
JOHANNESBURG--December 1, 2014--Written by Richard Finlayson, Senior International Editor for Industrial Info Resources (Sugar Land, Texas)--Industry observers are asking how it is that Saudi Arabia, which is so dependent on hydrocarbon-sourced power, can achieve a massive transformation of its energy sector to renewables-sourced power. A total of 24 gigawatts (GW) in renewables-sourced power is anticipated by 2020, and more than 50 GW by 2032. Establishing a time line with long-term policies is at the top of the list of priorities.
Within this article: Overview of growth of renewable energy sources in Saudi Arabia.
