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Saudi Arabia to invest about $266bln for clean energy – minister – EQ Mag
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Saudi Arabia to invest about $266bln for clean energy – minister – EQ Mag

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The investments aim also to add transport lines and distribution networks

Saudi Arabia will invest up to one trillion riyals ($266.40 billion) to generate “cleaner energy”, Saudi state TV reported on Monday, citing the kingdom’s energy minister.

Prince Abdulaziz bin Salman added that the investments aim also to “add transport lines and distribution networks in order to eventually export the energy to the world and produce clean hydrogen.”

($1 = 3.7538 riyals) ($1 = 3.7538 riyals)

Source: zawya