Big Spending: $100b on Power as Solar, Nuclear Looking More Attractive for Saudi

UPDATED: Saudi Arabia will spend $100 billion on power projects in order to meet growing demand, Anthony DiPaola of Bloomberg reports. Bloomberg: “The Ministry of Water and Power expects to raise by 30 percent an earlier forecast of 303 billion riyals ($81 billion) in power-related expenditures over the decade, Deputy Minister Saleh Al-Awaji said at a […]

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