Saudi Arabia Pushes Renewable Energy Programs, Wants to Become Solar-Powered Efficient and Capable by 2032
By Esther Tanquintic-Misa | July 4, 2013 12:49 PM EST
Saudi Arabia has started to aggressively push forward its renewable energy programmes by installing 70 stations across the oil-rich nation that will measure the potential for energy production from sun, wind and geothermal sources. The kingdom targets to become solar-powered efficient and capable by 2032.
Ten of these stations have been put up. They will collect all weather and air data to show renewable energy sources in all parts of the kingdom. Researchers will then be able to access the data through a Web site, relaying information such as solar radiation and wind speed.
Essentially, the findings will provide potential investors with guidance on where to build renewable-energy related plants. Saudi Arabia wants to attract about $109 billion to be able to create a solar industry that will help give off one-third of its electricity requirements by 2032, or about 41,000 megawatts.
Saudi Arabia targets to install 23.9 GW of renewable power capacity by 2020 and then 54.1 GW by 2032.
Incidentally, countries in the Gulf region are turning more their focus toward clean renewable sources of energy for their power generation. Collectively, they target solar energy one of the region's main sources of energy by 2017.
Apart from Saudi Arabia, Qatar and Kuwait have started aggressive planning towards renewable energy programs.
Qatar targets to source 10 per cent of the electricity and energy used in water desalination from solar energy by 2018, while Kuwait wants to obtain 10 per cent of its power requirements from renewable energy sources by 2020.
Overall, some $155 billion worth solar power installation projects are in the pipeline for the entire Gulf region. These projects can give off more than 84 GW of power.
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