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Saudi Arabia Takes the Lead in Regional Shift to Solar Power

November 28, 2015

After years of hesitation and having observed several countries successfully choosing to invest in solar power, Saudi Arabia is finally willing to invest over USD 100 billion in solar technologies. From Saudi Arabia’s deserts should soon rise the most powerful solar plants in the world in the coming years. TechSci Research, a global market research and consulting company, recently published a report forecasting a robust growth rate in the kingdom’s solar power use before 2020. The Saudi government is now focusing on investing in solar energy throughout the country, a move that could revolutionize the country’s future. Located on the Equatorial Sunbelt with high levels of solar radiation, the country benefits from vast desert stretches and has ideal conditions for its future solar power plants. The country’s energy demand has been growing in tandem with industrial development, urbanization and population growth. Saudi Arabia was the largest producer of crude oil until recently, some of which was being used for electricity production. In order to both maintain and improve the standards of today’s power supply, Saudi Arabia must invest in solar power to find a durable and sustainable alternative to crude…


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