Saudi Arabia aims to become the world’s foremost market for renewable energy with an aggressive investment budget of $109 billion. By 2032, the country strives to generate as much as a third of the Kingdom’s energy demands using renewable energy (54 GW). Following the publicity surrounding the country’s major investment drive, King Abdullah City for Atomic and Renewable Energy (KACARE) released a series of documents detailing the revised National Energy Plan. In addition to the 41 GW of solar power, 25 GW of CSP and 16 GW of PV, the Kingdom is aiming to generate 18 GW of nuclear energy, 3 GW of waste to energy, 1 GW of geothermal and an additional 9 GW of wind power, specifically for water desalination plants.
This event brings together policy makers, distinguished personnel from Utilities/Ministries and technology leaders in the business community to share their vision in order to establish the initiatives required to build the Kingdom a perfect place to invest and to explore the renewable power industry. This is achieved through a blend of in-depth real life case studies of ongoing and completed projects, keynote presentations and interactive panel discussions. Read more