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Email this article: Saudi Arabia plans US$109 billion boost for solar power
Posted: Fri May 11, 2012 10:43 am
SAUDI ARABIA. Saudi Arabia is seeking investors in a plan to create a solar industry that generates a third of the nation's electricity within two decades, according to officials.
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SAUDI ARABIA. Saudi Arabia will need to keep cutting oil output to sustain prices above US$100 a barrel, according to BNP Paribas and Societe Generale; "We are swimming in crude, and they know that better than anyone because they are the biggest exporter."
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