Saudi Arabia Seeks Private Investors in Renewable-Energy Push
By Wael Mahdi -
2012-09-16T08:34:39Z
Saudi Arabia will seek private investment in its effort to develop solar power and other forms of renewable energy, the governor of the kingdom’s Electricity and Co-Generation Regulatory Authority said.
The country plans for solar projects to become operational within 10 years, Abdullah al-Shehri told a conference today in Riyadh. Saudi Arabia is restructuring its electricity industry and will allow more private investment in power generation, he said.
To contact the reporter on this story: Wael Mahdi in Manama at wmahdi@bloomberg.net
To contact the editor responsible for this story: Bruce Stanley at bstanley5@bloomberg.net
More News:
Sponsored Link
Rate this Page
Bloomberg moderates all comments. Comments that are abusive or off-topic will not be posted to the site. Excessively long comments may be moderated as well. Bloomberg cannot facilitate requests to remove comments or explain individual moderation decisions.