{"id":1568,"date":"2018-03-29T07:43:15","date_gmt":"2018-03-29T07:43:15","guid":{"rendered":""},"modified":"2018-03-29T07:43:15","modified_gmt":"2018-03-29T07:43:15","slug":"worlds-biggest-solar-power-project-coming-to-saudi-means-huge-things","status":"publish","type":"post","link":"https:\/\/lovin.co\/riyadh\/en\/news\/worlds-biggest-solar-power-project-coming-to-saudi-means-huge-things\/","title":{"rendered":"The World’s Biggest Solar Power Project Is Coming To Saudi Which Means Huge Things For Green Energy"},"content":{"rendered":"
Crown Prince Mohammed bin Salman and Masayoshi Son, CEO of Softbank, signed a contract on Tuesday to build the largest ever solar power company in the Kingdom<\/a>.\u00a0\u00a0<\/p>\n Both parties are expecting to produce up to 200 gigawatts of solar power in Saudi Arabia by 2030.\u00a0<\/p>\n This agreement comes amid crown prince Mohammed bin Salman’s visit to New York.\u00a0<\/p>\n Photo of #Saudi<\/a> Crown Prince MBS in New York. To his left is CEO of Softbank Masayoshi Son, and other executives\/investors pic.twitter.com\/yPbglIoOPL<\/a><\/p>\n \u2014 Joyce Karam (@Joyce_Karam) March 26, 2018<\/a>\n<\/p><\/blockquote>\n Both parties have signed to explore the development of local solar storage systems and the establishment of special research and development\u00a0of solar panel\u00a0companies for the agreed 2030 deal.\u00a0<\/p>\n A few of us Saudi watchers were called to the Plaza Hotel in New York for a midnight press briefing for the latest in the Saudi\/SoftBank love fest \u2014 this time it\u2019s all about a mega solar project: https:\/\/t.co\/ruBG10xyGZ<\/a> pic.twitter.com\/5SqwbtXGOn<\/a><\/p>\n \u2014 Anjli Raval (@AnjliRaval) March 28, 2018<\/a>\n<\/p><\/blockquote>\n It will also create almost 200,000 new jobs and increase the country’s GDP by US $12 billion.\u00a0<\/p>\n\n
In efforts to support a domestic solar industry in Saudi Arabia<\/h3>\n
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This will eventually support diverse sectors and\u00a0the creation of\u00a0advanced technology jobs in the Kingdom<\/h3>\n