Saudis Yet to Approve Renewable Energy Strategy, Official Says
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Saudi Arabia has yet to approve the country’s renewable energy strategy that aims to reduce crude oil used for domestic power generation and water desalination, an official said today.
The strategy which includes new regulations and financial incentives for private investors to develop the country’s renewable energy sources have been submitted to the Cabinet for approval, Maher al-Odan, a consultant with the King Abdullah City for Atomic and Renewable Energy, said at a conference in Dhahran, Saudi Arabia. The agency, known as KA-CARE, is in charge of developing alternative and renewable energy sources.