Reports: Saudi Arabia targets $100bn spend on solar and nuclear

BusinessGreen staff
clock

World's largest oil producer wants low-carbon sources to meet domestic demand so more crude is available for export

Saudi Arabia, the world's largest oil producer, is looking to make a $100bn (£62bn) investment in solar and nuclear power to help secure its energy future. The country holds about a fifth of the world's...

To continue reading this article...

Join BusinessGreen

In just a few clicks you can start your free BusinessGreen Lite membership for 12 months, providing you access to:

  • Three complimentary articles per month covering the latest real-time news, analysis, and opinion from Europe’s leading source of information on the Green economy and business
  • Receive important and breaking news stories via our daily news alert
  • Our weekly newsletter with the best of the week’s green business news and analysis

Join now

 

Already a BusinessGreen member?

Login

More on Solar

Ribbon cut on 'UK's largest' solar-powered leisure centre in Nottingham

Ribbon cut on 'UK's largest' solar-powered leisure centre in Nottingham

Expansion of solar array expected to save local council over £3.6m over panels' 30 year lifespan

Michael Holder
clock 08 May 2025 • 3 min read
Government considers making solar carports mandatory for businesses

Government considers making solar carports mandatory for businesses

Government launches Call for Evidence to explore benefits of rolling out solar car ports that could save supermarkets, offices, and retail parks tens of thousands of pounds a year

clock 07 May 2025 • 3 min read
'The solar age is truly here': World installed 600GW of solar power in 2024

'The solar age is truly here': World installed 600GW of solar power in 2024

New data from SolarPower Europe suggests world could be on track to install 1TW of solar a year by 2030

clock 06 May 2025 • 3 min read