Bedouin Tribe Talks a Risk in Saudi Solar Drive, Eversheds Says
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Companies vying to supply Saudi Arabia and other Middle East nations with solar, wind and nuclear power face potential hurdles including negotiating access to Bedouin tribe lands, law firm Eversheds LLP said.
Saudi Arabia, the biggest oil exporter, is seeking about $109 billion of investment for a solar industry that will generate a third of its electricity by 2032, or about 41 gigawatts, according to the International Renewable Energy Agency in Abu Dhabi. That’s more than the 32 gigawatts of renewable energy generation the European Union installed last year, Bloomberg New Energy Finance data show.