Saudi arabia launches five renewable energy projects - state news agency

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Saudi Arabia launches five new projects to produce electricity using renewable energy, with a total capacity of 3,300 megawatts, the state news agency SPA reports

The country's renewable energy initiatives emerged from Saudi Vision 2030, a plan to reduce Saudi Arabia's dependence on oil.

The projects, which include producing power through solar and wind, were announced on Sunday and launched by the Saudi Power Procurement Company , which is the principal buyer.Wealthy Gulf OPEC member Saudi Arabia is investing in renewable and clean energy while also stressing the continued importance of hydrocarbons for global energy security at a time of growing calls for a shift away from fossil fuels.

 

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