Saudi Arabia to deploy 50% of investments into renewable energy

  • Date: 22-Sep-2021
  • Source: Gulf Insider
  • Sector:Economy
  • Country:Saudi Arabia
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Saudi Arabia to deploy 50% of investments into renewable energy

Saudi Arabia plans to deploy 50% of its investments into renewable and sustainable power sources. The Kingdom will issue a green sukuk soon, the governor of the Public Investment Fund and Saudi Aramco chairman said. Saudi Arabia is Opec’s largest producer and accounts for 12.5% of all oil production, according to the BP Statistical Review …

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Saudi Arabia plans to deploy 50% of its investments into renewable and sustainable power sources. The Kingdom will issue a green sukuk soon, the governor of the Public Investment Fund and Saudi Aramco chairman said. Saudi Arabia is Opec’s largest producer and accounts for 12.5% of all oil production, according to the BP Statistical Review …