November 29, 2022

Saudi Arabia’s inexperienced agenda: renewables at dwelling, oil

Saudi Arabias green agenda renewables at home oil

Saudi Arabias green agenda renewables at home oil

When Paddy Padmanathan first pitched the concept of introducing a sliver of renewable vitality into Saudi Arabia’s electrical energy provide, the state utility gave him brief shrift.

The chief government of Riyadh-based vitality agency ACWA Energy remembers being politely instructed to “go away” in 2007 after it was identified that the provider was receiving oil at a “very aggressive worth,” far cheaper than photo voltaic.

It was a predictable response on the earth’s prime crude exporter, which has for many years…

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