Future Of Solar Energy In Saudi Arabia And World
This project addresses the lack of literature on the design and feasibility of large scale.
Future of solar energy in saudi arabia and world. Saudi arabia has one of the world s highest solar irradiation in the world estimated at approximately 2 200 thermal kwh of solar radiation per m 2 the country is strategically located near the sun belt in addition to plentiful availability of empty stretches of desert that. Saudi energy minister he khalid al falih speaking at the recent world future energy summit in abu dhabi in january 2017 raised the bar even higher bringing forward the 9 5gw target date to 2023 via a combination of solar wind and geothermal power projects. Strong rationale untested framework moody s investors service april 2017 unlocking the sunbelt potential of photovoltaics european photovoltaic industry association 2010 2014 eu gcc cooperation on energy technical report sharaka papers al shalabi a n. The saudi solar market s future is still in limbo.
Kaust solar park this project was completed in april 2010 and it is a. The future of solar energy in the country. He foresees a promising future for renewable energy and particularly solar in saudi arabia adding that the first utility scale projects that are currently in advanced stages of development will. Recent works on solar energy in saudi arabia 1 2 kaust solar park.
Kaust solar park is located on the rooftop of king abdullah university of science and technology kaust located in thuwal saudi arabia. Renewables developers eyeing saudi arabia remain wary of the market following the news. Already the kingdom has pledged to have 9 5 gw of installed capacity by 2023. Saudi arabia plans to generate 3 45gw of its energy from renewable sources by 2020 and 9 5 gw by 2023.
The kingdom of saudi arabia ksa has laid out an ambitious plan to modernize the country and move its economy away from its dependence on oil. South of saudi arabia and has been in operation since june 2011 national solar systems 2010. Saudi arabia the epicenter of global oil industry has been showing keen interest in solar energy in recent years. Project finance emea.
The world s largest solar parking project the north park project located in dhahran saudi arabia at the headquarters of the oil company saudi aramco has a 10 mw carport sys tem with a capacity to cover 200 000 m2. In the stop start world of saudi solar. Saudi arabia is the saudi arabia of solar energy potential saudi arabia is conveniently located in the sun belt to take advantage of solar energy saudi arabia has some of the world s most.