Saudi Arabia (i/ˌsɔːdiːəˈreɪbiə/, i/ˌsaʊ-/), officially known as the Kingdom of Saudi Arabia (KSA), is an Arab state in Western Asia constituting the bulk of the Arabian Peninsula. With a land area of approximately 2,150,000km2 (830,000sqmi), Saudi Arabia is geographically the second-largest state in the Arab world after Algeria. Saudi Arabia is bordered by Jordan and Iraq to the north, Kuwait to the northeast, Qatar, Bahrain, and the United Arab Emirates to the east, Oman to the southeast, and Yemen to the south. It is the only nation with both a Red Sea coast and a Persian Gulf coast, and most of its terrain consists of arid inhospitable desert or barren landforms.
The area of modern-day Saudi Arabia formerly consisted of four distinct regions: Hejaz, Najd, and parts of Eastern Arabia (Al-Ahsa) and Southern Arabia ('Asir). The Kingdom of Saudi Arabia was founded in 1932 by Ibn Saud. He united the four regions into a single state through a series of conquests beginning in 1902 with the capture of Riyadh, the ancestral home of his family, the House of Saud. The country has since been an absolute monarchy, effectively a hereditary dictatorship governed along Islamic lines. The ultra-conservative Wahhabism religious movement within Sunni Islam has been called "the predominant feature of Saudi culture", with its global spreading largely financed by the oil and gas trade. Saudi Arabia is sometimes called "the Land of the Two Holy Mosques" in reference to Al-Masjid al-Haram (in Mecca), and Al-Masjid an-Nabawi (in Medina), the two holiest places in Islam. The Kingdom has a total population of 28.7 million, of which 20 million are Saudi nationals and 8 million are foreigners.
Energy in Saudi Arabia describes petroleum production, consumption and export, but also natural gas and electricity production. "Saudi Arabia is the world's top oil exporter and producer.
Saudi Arabia's economy is petroleum-based; Oil actually accounts for 90% of the country's exports and nearly 75% government revenues".
The oil industry produces about 45% of Saudi Arabia's gross domestic product, against 40% from the private sector. Saudi Arabia has per capita GDP of $20,700. The economy is still very dependent on oil in spite of a diversification effort, in particular in the petrochemical sector.
For many years the Kingdom has been the world largest petroleum producer and exporter. In 2011 it pumped approximately 10.782 million barrels per day (1.7142×10^6m3/d) of petroleum. While most of this is exported, domestic use is rapidly increasing, primarily for electricity production.
Saudi Arabia also has the largest, or one of the largest, proven crude oil reserves (i.e. oil that is economically recoverable) in the world (18% of global reserves, over 260 billion barrels (41×10^9m3)).
A look at Saudi Arabia's $200bn ambitions to develop the globe’s biggest solar power project
In a research lab, Saudi engineers whip up a simulated sandstorm to test a solar panel’s durability, part of the oil-rich kingdom’s multibillion dollar quest to be a renewable energy powerhouse.
The world’s top exporter of crude seems an unlikely champion of clean energy, but the government lab in Al Uyayna, a sun-drenched village near Riyadh, is leading the country’s solar efforts as it seeks to diversify.
A dazzling spotlight was shone on those ambitions last week when Crown Prince Mohammed Bin Salman unveiled the $200bn plans to develop the globe’s biggest solar power project in partnership with Japan’s SoftBank group.
The MoU to produce up to 200 gigawatts of power by 2030 – about 100 times the capacity of the current biggest projects – was the latest jaw-dropping statement as the...
published: 15 Apr 2018
Saudi Aramco: The biggest energy company in the world
Saudi Aramco is considering an IPO that could value it at $2 trillion, roughly four times the size of Apple.
published: 31 May 2016
Startup of the Week: revolutionary solutions for the Saudi Arabia’s clean energy sector
Harsh weather can affect the function of Solar panels in the desert, this is how a Saudi startup is using robots to keep them clean.
- For more on this story: https://bit.ly/2piQPkK
- For more videos, visit Arab News: https://bit.ly/2revxC2
- Subscribe to our channel: https://bit.ly/2SysNMn
- Follow us on Twitter: https://twitter.com/arabnews
- Like us on Facebook: https://www.facebook.com/TheArabNews
- Follow us on Instagram: https://www.instagram.com/arabnews/
- Check our website: http://www.arabnews.com/
published: 15 Oct 2019
Al Khafji - Saudi Arabia the world's largest solar powered reverse
The Saudi Arabian utility company Rawafid Systems built the first large-scale solar-powered water desalination plant near the city Al Khafji in Saudi Arabia. The new plant employs a two-stage reverse osmosis process receiving power from a neighboring solar power plant. For the electrical, automation, and instrumentation packages, the project team chose Siemens as the main contractor.
https://new.siemens.com/sa/en.html
See more about the ultimate drive equipment of Al Khafji: https://www.youtube.com/watch?v=DIaKzTZ2Vjs
published: 19 Jul 2019
Accelerating the Development and Localization of Renewable Energy Technologies in Saudi Arabia
This webinar explores the latest renewable energy technology developments in the Kingdom of Saudi Arabia, focusing on a new funding opportunity from King Abdullah City for Atomic and Renewable Energy( K∙A∙CARE), that provides up to $5.3M of funding per awarded project. This third round of K∙A∙CARE’s Technology Localization & Commercialization (TLC) Initiative includes four RFPs - focused on demonstration, feasibility studies, product development, and proof of concept projects. The program targets funding to universities and innovative renewable energy technology developers, with the goal of stimulating an renewable energy innovation ecosystem in Saudi Arabia.
published: 10 Sep 2020
Future of the $109 billion renewable energy projects in Saudi Arabia
Saudi Arabia is delaying by eight years its target to complete clean-energy program including $109 billion in solar power, saying it needs more time to assess what technologies it will use. The project was originally intended to produce a third of the nation’s electricity from solar panels by 2032 and more from wind, geothermal and nuclear reactors. The ambition was to save more crude oil for export.
Paddy Padmanathan, President and CEO of ACWA Power talks about the progress towards renewable energy in Saudi Arabia.
http://www.marcopolis.net/outlook-for-109-billion-renewable-energy-projects-in-saudi-arabia.htm
published: 25 Feb 2016
Manifa: Energy and Nature
How Saudi Aramco managed to develop a massive offshore oil field in a shallow water site, without negatively impacting the fragile marine environment.
In a research lab, Saudi engineers whip up a simulated sandstorm to test a solar panel’s durability, part of the oil-rich kingdom’s multibillion dollar quest to...
In a research lab, Saudi engineers whip up a simulated sandstorm to test a solar panel’s durability, part of the oil-rich kingdom’s multibillion dollar quest to be a renewable energy powerhouse.
The world’s top exporter of crude seems an unlikely champion of clean energy, but the government lab in Al Uyayna, a sun-drenched village near Riyadh, is leading the country’s solar efforts as it seeks to diversify.
A dazzling spotlight was shone on those ambitions last week when Crown Prince Mohammed Bin Salman unveiled the $200bn plans to develop the globe’s biggest solar power project in partnership with Japan’s SoftBank group.
The MoU to produce up to 200 gigawatts of power by 2030 – about 100 times the capacity of the current biggest projects – was the latest jaw-dropping statement as the Saudis look to wean themselves off oil.
If built on one site, the solar farm would cover an area twice the size of Hong Kong, according to a Bloomberg News calculation. While the scale of the plan has stirred some disbelief, the agreement announced in the US was greeted with determination at the laboratory.
Jeremy Lawrence and Bernd Dubusmann discuss
Website: http://www.arabianbusiness.com/
Like Us on Facebook: https://www.facebook.com/ArabianBusiness
Follow Us on Twitter: https://twitter.com/ArabianBusiness
Follow us on Google+: https://plus.google.com/+arabianbusiness
Follow Us on Instagram: https://www.instagram.com/arabianbusiness/
Follow Us on LinkedIn: https://ae.linkedin.com/company/arabian-business
Subscribe to our Youtube Channel for Business News and Events in the Middle East Region: https://www.youtube.com/user/arabianbusiness/featured?sub_confirmation=1
In a research lab, Saudi engineers whip up a simulated sandstorm to test a solar panel’s durability, part of the oil-rich kingdom’s multibillion dollar quest to be a renewable energy powerhouse.
The world’s top exporter of crude seems an unlikely champion of clean energy, but the government lab in Al Uyayna, a sun-drenched village near Riyadh, is leading the country’s solar efforts as it seeks to diversify.
A dazzling spotlight was shone on those ambitions last week when Crown Prince Mohammed Bin Salman unveiled the $200bn plans to develop the globe’s biggest solar power project in partnership with Japan’s SoftBank group.
The MoU to produce up to 200 gigawatts of power by 2030 – about 100 times the capacity of the current biggest projects – was the latest jaw-dropping statement as the Saudis look to wean themselves off oil.
If built on one site, the solar farm would cover an area twice the size of Hong Kong, according to a Bloomberg News calculation. While the scale of the plan has stirred some disbelief, the agreement announced in the US was greeted with determination at the laboratory.
Jeremy Lawrence and Bernd Dubusmann discuss
Website: http://www.arabianbusiness.com/
Like Us on Facebook: https://www.facebook.com/ArabianBusiness
Follow Us on Twitter: https://twitter.com/ArabianBusiness
Follow us on Google+: https://plus.google.com/+arabianbusiness
Follow Us on Instagram: https://www.instagram.com/arabianbusiness/
Follow Us on LinkedIn: https://ae.linkedin.com/company/arabian-business
Subscribe to our Youtube Channel for Business News and Events in the Middle East Region: https://www.youtube.com/user/arabianbusiness/featured?sub_confirmation=1
Harsh weather can affect the function of Solar panels in the desert, this is how a Saudi startup is using robots to keep them clean.
- For more on this story:...
Harsh weather can affect the function of Solar panels in the desert, this is how a Saudi startup is using robots to keep them clean.
- For more on this story: https://bit.ly/2piQPkK
- For more videos, visit Arab News: https://bit.ly/2revxC2
- Subscribe to our channel: https://bit.ly/2SysNMn
- Follow us on Twitter: https://twitter.com/arabnews
- Like us on Facebook: https://www.facebook.com/TheArabNews
- Follow us on Instagram: https://www.instagram.com/arabnews/
- Check our website: http://www.arabnews.com/
Harsh weather can affect the function of Solar panels in the desert, this is how a Saudi startup is using robots to keep them clean.
- For more on this story: https://bit.ly/2piQPkK
- For more videos, visit Arab News: https://bit.ly/2revxC2
- Subscribe to our channel: https://bit.ly/2SysNMn
- Follow us on Twitter: https://twitter.com/arabnews
- Like us on Facebook: https://www.facebook.com/TheArabNews
- Follow us on Instagram: https://www.instagram.com/arabnews/
- Check our website: http://www.arabnews.com/
The Saudi Arabian utility company Rawafid Systems built the first large-scale solar-powered water desalination plant near the city Al Khafji in Saudi Arabia. Th...
The Saudi Arabian utility company Rawafid Systems built the first large-scale solar-powered water desalination plant near the city Al Khafji in Saudi Arabia. The new plant employs a two-stage reverse osmosis process receiving power from a neighboring solar power plant. For the electrical, automation, and instrumentation packages, the project team chose Siemens as the main contractor.
https://new.siemens.com/sa/en.html
See more about the ultimate drive equipment of Al Khafji: https://www.youtube.com/watch?v=DIaKzTZ2Vjs
The Saudi Arabian utility company Rawafid Systems built the first large-scale solar-powered water desalination plant near the city Al Khafji in Saudi Arabia. The new plant employs a two-stage reverse osmosis process receiving power from a neighboring solar power plant. For the electrical, automation, and instrumentation packages, the project team chose Siemens as the main contractor.
https://new.siemens.com/sa/en.html
See more about the ultimate drive equipment of Al Khafji: https://www.youtube.com/watch?v=DIaKzTZ2Vjs
This webinar explores the latest renewable energy technology developments in the Kingdom of Saudi Arabia, focusing on a new funding opportunity from King Abdull...
This webinar explores the latest renewable energy technology developments in the Kingdom of Saudi Arabia, focusing on a new funding opportunity from King Abdullah City for Atomic and Renewable Energy( K∙A∙CARE), that provides up to $5.3M of funding per awarded project. This third round of K∙A∙CARE’s Technology Localization & Commercialization (TLC) Initiative includes four RFPs - focused on demonstration, feasibility studies, product development, and proof of concept projects. The program targets funding to universities and innovative renewable energy technology developers, with the goal of stimulating an renewable energy innovation ecosystem in Saudi Arabia.
This webinar explores the latest renewable energy technology developments in the Kingdom of Saudi Arabia, focusing on a new funding opportunity from King Abdullah City for Atomic and Renewable Energy( K∙A∙CARE), that provides up to $5.3M of funding per awarded project. This third round of K∙A∙CARE’s Technology Localization & Commercialization (TLC) Initiative includes four RFPs - focused on demonstration, feasibility studies, product development, and proof of concept projects. The program targets funding to universities and innovative renewable energy technology developers, with the goal of stimulating an renewable energy innovation ecosystem in Saudi Arabia.
Saudi Arabia is delaying by eight years its target to complete clean-energy program including $109 billion in solar power, saying it needs more time to assess w...
Saudi Arabia is delaying by eight years its target to complete clean-energy program including $109 billion in solar power, saying it needs more time to assess what technologies it will use. The project was originally intended to produce a third of the nation’s electricity from solar panels by 2032 and more from wind, geothermal and nuclear reactors. The ambition was to save more crude oil for export.
Paddy Padmanathan, President and CEO of ACWA Power talks about the progress towards renewable energy in Saudi Arabia.
http://www.marcopolis.net/outlook-for-109-billion-renewable-energy-projects-in-saudi-arabia.htm
Saudi Arabia is delaying by eight years its target to complete clean-energy program including $109 billion in solar power, saying it needs more time to assess what technologies it will use. The project was originally intended to produce a third of the nation’s electricity from solar panels by 2032 and more from wind, geothermal and nuclear reactors. The ambition was to save more crude oil for export.
Paddy Padmanathan, President and CEO of ACWA Power talks about the progress towards renewable energy in Saudi Arabia.
http://www.marcopolis.net/outlook-for-109-billion-renewable-energy-projects-in-saudi-arabia.htm
In a research lab, Saudi engineers whip up a simulated sandstorm to test a solar panel’s durability, part of the oil-rich kingdom’s multibillion dollar quest to be a renewable energy powerhouse.
The world’s top exporter of crude seems an unlikely champion of clean energy, but the government lab in Al Uyayna, a sun-drenched village near Riyadh, is leading the country’s solar efforts as it seeks to diversify.
A dazzling spotlight was shone on those ambitions last week when Crown Prince Mohammed Bin Salman unveiled the $200bn plans to develop the globe’s biggest solar power project in partnership with Japan’s SoftBank group.
The MoU to produce up to 200 gigawatts of power by 2030 – about 100 times the capacity of the current biggest projects – was the latest jaw-dropping statement as the Saudis look to wean themselves off oil.
If built on one site, the solar farm would cover an area twice the size of Hong Kong, according to a Bloomberg News calculation. While the scale of the plan has stirred some disbelief, the agreement announced in the US was greeted with determination at the laboratory.
Jeremy Lawrence and Bernd Dubusmann discuss
Website: http://www.arabianbusiness.com/
Like Us on Facebook: https://www.facebook.com/ArabianBusiness
Follow Us on Twitter: https://twitter.com/ArabianBusiness
Follow us on Google+: https://plus.google.com/+arabianbusiness
Follow Us on Instagram: https://www.instagram.com/arabianbusiness/
Follow Us on LinkedIn: https://ae.linkedin.com/company/arabian-business
Subscribe to our Youtube Channel for Business News and Events in the Middle East Region: https://www.youtube.com/user/arabianbusiness/featured?sub_confirmation=1
Harsh weather can affect the function of Solar panels in the desert, this is how a Saudi startup is using robots to keep them clean.
- For more on this story: https://bit.ly/2piQPkK
- For more videos, visit Arab News: https://bit.ly/2revxC2
- Subscribe to our channel: https://bit.ly/2SysNMn
- Follow us on Twitter: https://twitter.com/arabnews
- Like us on Facebook: https://www.facebook.com/TheArabNews
- Follow us on Instagram: https://www.instagram.com/arabnews/
- Check our website: http://www.arabnews.com/
The Saudi Arabian utility company Rawafid Systems built the first large-scale solar-powered water desalination plant near the city Al Khafji in Saudi Arabia. The new plant employs a two-stage reverse osmosis process receiving power from a neighboring solar power plant. For the electrical, automation, and instrumentation packages, the project team chose Siemens as the main contractor.
https://new.siemens.com/sa/en.html
See more about the ultimate drive equipment of Al Khafji: https://www.youtube.com/watch?v=DIaKzTZ2Vjs
This webinar explores the latest renewable energy technology developments in the Kingdom of Saudi Arabia, focusing on a new funding opportunity from King Abdullah City for Atomic and Renewable Energy( K∙A∙CARE), that provides up to $5.3M of funding per awarded project. This third round of K∙A∙CARE’s Technology Localization & Commercialization (TLC) Initiative includes four RFPs - focused on demonstration, feasibility studies, product development, and proof of concept projects. The program targets funding to universities and innovative renewable energy technology developers, with the goal of stimulating an renewable energy innovation ecosystem in Saudi Arabia.
Saudi Arabia is delaying by eight years its target to complete clean-energy program including $109 billion in solar power, saying it needs more time to assess what technologies it will use. The project was originally intended to produce a third of the nation’s electricity from solar panels by 2032 and more from wind, geothermal and nuclear reactors. The ambition was to save more crude oil for export.
Paddy Padmanathan, President and CEO of ACWA Power talks about the progress towards renewable energy in Saudi Arabia.
http://www.marcopolis.net/outlook-for-109-billion-renewable-energy-projects-in-saudi-arabia.htm
Saudi Arabia (i/ˌsɔːdiːəˈreɪbiə/, i/ˌsaʊ-/), officially known as the Kingdom of Saudi Arabia (KSA), is an Arab state in Western Asia constituting the bulk of the Arabian Peninsula. With a land area of approximately 2,150,000km2 (830,000sqmi), Saudi Arabia is geographically the second-largest state in the Arab world after Algeria. Saudi Arabia is bordered by Jordan and Iraq to the north, Kuwait to the northeast, Qatar, Bahrain, and the United Arab Emirates to the east, Oman to the southeast, and Yemen to the south. It is the only nation with both a Red Sea coast and a Persian Gulf coast, and most of its terrain consists of arid inhospitable desert or barren landforms.
The area of modern-day Saudi Arabia formerly consisted of four distinct regions: Hejaz, Najd, and parts of Eastern Arabia (Al-Ahsa) and Southern Arabia ('Asir). The Kingdom of Saudi Arabia was founded in 1932 by Ibn Saud. He united the four regions into a single state through a series of conquests beginning in 1902 with the capture of Riyadh, the ancestral home of his family, the House of Saud. The country has since been an absolute monarchy, effectively a hereditary dictatorship governed along Islamic lines. The ultra-conservative Wahhabism religious movement within Sunni Islam has been called "the predominant feature of Saudi culture", with its global spreading largely financed by the oil and gas trade. Saudi Arabia is sometimes called "the Land of the Two Holy Mosques" in reference to Al-Masjid al-Haram (in Mecca), and Al-Masjid an-Nabawi (in Medina), the two holiest places in Islam. The Kingdom has a total population of 28.7 million, of which 20 million are Saudi nationals and 8 million are foreigners.
The specific uses for atomic energy in SaudiArabia can still be chosen and built into the program. ... Leading agencies in Saudi Arabia, including the Ministry of Energy, the Communications, Space ...
(MENAFN) The Industrialization & Energy Services Co., also known as TAQA, based in Dhahran, has entered into a joint venture with Icelandic firm ReykjavikGeothermal to provide one gigawatt of green ... .