Saudi Arabia has set aside a budget of US$109bn to achieve its plans to meet one-third of the countrys energy demands using renewable energy by 2032
Renewables
Masdar may launch wind energy project in Egypt
The UAE?s Masdar has revealed plans to invest in Egypt wind farms in an attempt to expand the company?s renewable energy portfolio
SolarReserve to build energy park in Saudi Arabia
US solar project developer SolarReserve has announced plans to build a solar energy park in Saudi Arabia that will produce up to 600MW of baseload capacity
MENA region to deploy solar power projects worth US$155 billion
Countries in the MENA region are set to invest an estimated US$155bn in solar energy projects by 2017