• About
  • Advertise
  • Privacy & Policy
  • Contact
Saturday, September 5, 2026
TheClevelandAmerican
  • Home
  • U.S.
  • World
  • Business
  • Science
  • Tech
  • Sport
  • Entertainment
  • Contact Us
No Result
View All Result
  • Home
  • U.S.
  • World
  • Business
  • Science
  • Tech
  • Sport
  • Entertainment
  • Contact Us
No Result
View All Result
TheClevelandAmerican
No Result
View All Result
Home Economy

The world’s largest oil company invests in a solar power plant

Rudyard Kipling by Rudyard Kipling
August 16, 2021
The world’s largest oil company invests in a solar power plant
Share on FacebookShare on Twitter

You have successfully registered
Please click on the link in the email sent to

Economie

Sputnik explains to you the complex economic processes in simple words.

https://mundo.sputniknews.com/20210815/la-empresa-petrolera-mas-grande-del-mundo-invierte-en-una-planta-de-energia-solar-1115103122.html

The world’s largest oil company invests in a solar power plant

The world’s largest oil company invests in a solar power plant

Saudi Aramco, the largest oil company in the world, has become a shareholder in the project to construct a solar power plant … 15.08.2021, Sputnik Mondo

2021-08-15T23:55+0000

2021-08-15T23:55+0000

2021-08-15T23:55+0000

Economie

Kingdom Saudi Arabia

Solar energy

comp

Aramco Saudi Arabia

/ html / head / meta[@name=”og:title”]/@Content

/ html / head / meta[@name=”og:description”]/@Content

https://cdnmundo1.img.sputniknews.com/img/107468/97/1074689763_0:236:4593:2819_1920x0_80_0_0_4e8ef23b5a434b8b3890d43bb183860f.jpg

The Sudair solar power plant is part of the renewable energy program in Saudi Arabia, which was announced by the authorities in April 2021. The first phase of the project is expected to be completed in the second half of 2022, at which point the plant will start operating. At an estimated cost of approximately $1 billion, Sadir Solar will be one of the largest single-decade solar PV plants in the world and the largest of its kind in the country. It will supply 185,000 homes at very low rates, and will reduce air emissions by 2.9 million tons annually. Saudi Aramco has invested for the first time in a renewable energy project. The company is a world leader in oil reserves and production, as well as being the main source of income for the budget of Saudi Arabia. It will own 30% of Sudair Solar, while 35% will be controlled by the Public Investment Fund for Renewable Energy, and the remaining 35%, by ACWA Power. The Kingdom of Saudi Arabia has started to develop the project under the Energy Efficiency Program approved by the G20. The construction of the solar power plant is a testament to the Kingdom’s ongoing efforts to reduce emissions from the energy sector, as they emphasize at ACWA Power, where decarbonization has been a trend in recent years due to the climate agenda. Countries around the world are working to reduce emissions and develop renewable energy sources.

See also  CNBV fines banks for providing incomplete information

https://mundo.sputniknews.com/20210727/la-ue-invierte-122-millones-en-proyectos-para-descarbonizar-la-economia-1114525501.html

Kingdom Saudi Arabia

Sputnik Mondo

[email protected]

+74956456601

MIA “Rosiya Segodnya”

2021

Sputnik Mondo

[email protected]

+74956456601

MIA “Rosiya Segodnya”

News

es_ES

Sputnik Mondo

[email protected]

+74956456601

MIA “Rosiya Segodnya”

https://cdnmundo1.img.sputniknews.com/img/107468/97/1074689763_258:0:4333:3056_1920x0_80_0_0_9461fd3c8cc87a374c7eab7e5ac12fab.jpg

Sputnik Mondo

[email protected]

+74956456601

MIA “Rosiya Segodnya”

Sputnik Mondo

[email protected]

+74956456601

MIA “Rosiya Segodnya”

Saudi Arabia, solar energy, companies, Saudi Aramco

Saudi Aramco, the world’s largest oil company, has become a shareholder in a project to build a 1.5 gigawatt solar power plant in the Sudair region of Saudi Arabia, according to an ACWA Power report.

The Sudair solar power plant is part of the renewable energy program in Saudi Arabia, which the authorities announced in April 2021. The first phase of the project is expected to be completed in the second half of 2022, at which point the plant will start operating. Energy.

At an estimated cost of around $1 billion, Sadir Solar will be one of the largest single-decade solar PV plants in the world and the largest of its kind in the country. It will supply 185,000 homes at ultra-low rates and will also reduce air emissions by 2.9 million tons per year.

Saudi Aramco has invested for the first time in a renewable energy project. The company is a world leader in oil reserves and production, as well as being the main source of income for the budget of Saudi Arabia. It will own 30% of Sudair Solar Energy, while it will control 35% of the Public Investment Fund for Renewable Energy, and the remaining 35% for ACWA Power.

See also  Unemployment Assistance Claims: Less than 700,000 in the week ending March 20 | Univision News United States
Euro (reference image) - Sputnik Mundo, 1920, 27.07.2021

The European Union invests 122 million euros in projects to decarbonize the economy

Saudi Arabia has started developing the project under the Energy Efficiency Program adopted by the G20. The construction of the solar power plant is a testament to the Kingdom’s continuous efforts to reduce emissions from the energy sector, as they assert in ACWA Power.

Decarbonization has been a trend in recent years due to the climate agenda. Countries around the world are working to reduce emissions and develop renewable energy sources.

Follow us Twitter And find out the latest news.

Rudyard Kipling

Rudyard Kipling

Rudyard Kipling writes for The Cleveland American, covering news, politics, business, technology, sport, entertainment, and lifestyle. He focuses on clear, reliable reporting and useful information, helping readers stay informed about current events, important developments, and stories that matter.

Next Post
Using Cruz Azul’s ‘help’, the United States takes over the leadership of Abardura 2021

Using Cruz Azul's 'help', the United States takes over the leadership of Abardura 2021

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Trending.

Jewish Voice for Peace Action Endorses Angie Nixon and Oliver Larkin in Florida Congressional Races

Jewish Voice for Peace Action Endorses Angie Nixon and Oliver Larkin in Florida Congressional Races

August 8, 2026
Rogbid Launches VisionW 3-in-1 Interchangeable-Frame AI Smart Glasses

Rogbid Launches VisionW 3-in-1 Interchangeable-Frame AI Smart Glasses

August 11, 2026
How To Enable Dark Mode In Google Search

How To Enable Dark Mode In Google Search

September 14, 2021
Cybernews AI Trustworthiness Ranking Assesses 500 Companies on Security and Privacy

Cybernews AI Trustworthiness Ranking Assesses 500 Companies on Security and Privacy

August 18, 2026
Environmental Groups Take Palisades Nuclear Restart Fight to Federal Appeals Courts

Environmental Groups Take Palisades Nuclear Restart Fight to Federal Appeals Courts

August 18, 2026
TheClevelandAmerican

We bring you high-quality content covering news, stories, and insights that matter. Explore our platform for the latest updates

Categories

  • Art
  • Business
  • Economy
  • Energy
  • Entertainment
  • Games
  • Health
  • Science
  • Sport
  • Tech
  • Top News
  • World

Recent News

Oklahoma Sooners and Oklahoma State Cowboys Limited-Edition Bobbleheads Unveiled for 2026 Football Season

Oklahoma Sooners and Oklahoma State Cowboys Limited-Edition Bobbleheads Unveiled for 2026 Football Season

September 4, 2026
Oklahoma to Unveil 2026 Aerospace Economic Impact Study at October Event

Oklahoma to Unveil 2026 Aerospace Economic Impact Study at October Event

September 4, 2026
  • About Us
  • Contact Us
  • DMCA
  • Privacy Policy
  • Editorial Policy

© 2026 The Cleveland American Media Portal — Independent News & Media Network.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Review
  • Security

© 2026 The Cleveland American Media Portal — Independent News & Media Network.