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Saudi Arabia secures $1.1 billion for a 2GW solar project, aiming for 50% renewables by 2030.
Saudi Arabia has secured financing for a massive 2GW solar project led by Masdar, with partners GD Power and KEPCO.
The $1.1 billion project, backed by eight banks, aims to boost Saudi Arabia’s renewable energy goals, targeting 50% renewables by 2030.
Set to start full operations in early 2027, it will be one of the world’s largest solar installations, reducing the country’s carbon emissions.
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Arabia Saudita asegura $ 1.1 mil millones para un proyecto solar de 2GW, con el objetivo de obtener 50% de energías renovables para 2030.