Saudi Arabia to build $640 million solar power plant in city of Makkah
by James Burgess

Oilprice.com    Translate This Article
5 October 2012

On 5 October 2012 Oilprice.com reported: Saudi Arabia is embarking on various renewable energy projects. One of those is a giant solar power plant to be built in the city of Makkah. The solar plant will cost around $640 million and have a capacity of nearly 100MW. Al-Eqtisadiah, a Saudi Arabian daily newspaper, commented that the project is intended to meet the growing power demands in the region, and believe that once up and running it could save the city around $587 million off its annual electricity bill. Global Good News service views this news as a sign of rising positivity in the field of business, documenting the growth of life-supporting, evolutionary trends.

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