The launching of Solar Power Project Plan 2030 grabbed the attention of a number of energy experts in the world, especially after the kingdom’s announcement that it intends to produce 200 gigawatt of solar energy by 2030.
The purposes of this project goes in tandem with the forecasts of the International Renewable Energy Agency that solar energy will be the greatest energy source worldwide by 2050.
This Solar Power Project Plan 2030 is considered one of the ambitious steps of Crown Prince Mohammed bin Salman towards the implementation of the Saudi Vision 2030, which affirmed that it would put a legal and organizational framework that allows the private sector to invest and possess in renewable energy sector, as well as urge partnerships between the private and public sector.
This global project would contribute to increasing electricity generated from solar energy, opening new economic and investment channels in the kingdom in addition to providing job opportunities, training and investment in individuals and firms.
Dr. Turki bin Saud bin Mohammed, Vice President of King Abdulaziz City for Science and Technology (KACST) for Research Institutes, commended the efforts of the crown prince in signing a memorandum of understanding to establish the Solar Power Project Plan 2030 as a first step to produce around 200 gigawatt in 2030.
The country’s need of energy is now equal to 75 gigawatt, and the project will enable the kingdom to export the surplus, he added, saying that the kingdom enjoys huge spaces that can be invested to construct enormous power plants.
