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Saudi Arabia to go solar energy in a big way

Kingdom eyes 40 GW solar energy by 2032 Saudi Gazette, August 16, 2012  JEDDAH – Saudi Arabia has set an ambitious target of installing more than 40 GW of solar power capacity by 2032, of which 60 percent would be from concentrated solar power (CSP) and remaining from photovoltaics (PV).

Concentrating solar power technology is being looked at as a path breaking initiative by the country as it will need to install much more CSP capacity than any other country has ever done while also continuing to develop other sources to achieve its overall renewable energy target. The CSP target could be responsible for the generation of 75 to 110 TWh of electricity per annum once it starts operations…..
A “GCC Renewable Energy Sector Analysis” report said solar holds the key to renewable energy development in the GCC region as it is the single most abundant renewable source of energy available there. Power produced from solar energy is efficient and cheaper as compared to other renewable sources of energy.
The study investigates the solar power potential of the region and
individual countries. Huge investments and research studies are
happening in efforts to tap the solar energy in the region as part of
the renewable energy development. Almost 85 to 90 percent of the money
being spent on renewable energy development is being put in solar
energy. The “GCC Renewable Energy Sector Analysis” research report
documents all the initiatives being taken in the individual countries
to help boost their power production from solar energy. The report
from KuicK research vitalizes solar energy as a means to the targeted
power production from renewable energy. The future of solar power in
the GCC region is as bright as sunshine, the research study added.http://www.saudigazette.com.sa/index.cfm?method=home.regcon&contentid=20120817133377

August 17, 2012 - Posted by Christina Macpherson | renewable, Saudi Arabia