Saudi Arabia seeks to raise its solar and wind power capacity with multi-billion-dollar deals. The Kingdom, the world’s top crude oil exporter, wants to develop all forms of energy, diversify its economy from oil, and replace oil in power generation with renewables and natural gas. The Saudis are not abandoning their primary role in global oil production and supply. But the more renewables they install, the more fuel for direct crude burn for power generation could be displaced, to free up more barrels of oil for exports. In one of the latest…
Hence then, the article about riyadh s 8 billion solar surge leaves oil strategy untouched was published today ( ) and is available onOILPRICE ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.
Read More Details Finally We wish PressBee provided you with enough information of ( Riyadh’s $8 Billion Solar Surge Leaves Oil Strategy Untouched )