Renewables and Efficiency

The kingdom is expected to tender nearly 4GW of renewable capacities this year.

The Floating Wind Industry Partnership is to begin two new studies to investigate the major issues facing the sector and identify potential solutions.

With the construction of the mentioned solar plant and wind farm. KTC will also transfer new technologies to the country.

While China led the way. other countries saw a drop in renewables investment.

Project will create as many as 100.000 jobs and shave $40 billion off power costs. according to SoftBank founder Masayoshi Son.

Hywind'.s capacity factor exceeds the average capacity factors of many sources of electricity.

The solar power plant with capacity of 100 megawatts is going to be built in Garmsar Economic Special Zone.

GE plans to supply its first turbine for demonstration in 2019 and ship the first units in 2021.

This deal is Microsoft’s first renewable energy deal in Asia.

The renewable energy business is promising as a core business that replaces the fuel and thermal power generation businesses.