• About
  • Advertise
  • Privacy & Policy
  • Contact
Saturday, June 6, 2026
  • Login
TheClevelandAmerican
  • Home
  • U.S.
  • World
  • Business
  • Science
  • Tech
  • Sport
  • Entertainment
No Result
View All Result
  • Home
  • U.S.
  • World
  • Business
  • Science
  • Tech
  • Sport
  • Entertainment
No Result
View All Result
TheClevelandAmerican
No Result
View All Result

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

Rudyard Kipling by Rudyard Kipling
August 16, 2021
Home Economy
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  Avianca out of bankruptcy

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  Will artificial intelligence create killing machines? This is what a former Google executive said
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

"Reader. Evil problem solver. Typical analyst. Unapologetic internet ninja."

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.

Foundry DST Launches County-Level AI Messaging Intelligence Platform Across Oklahoma

Foundry DST Launches County-Level AI Messaging Intelligence Platform Across Oklahoma

May 9, 2026
The Mexican economy will grow this in 2023 and 2024;  The World Bank updates the forecast for the country

The Mexican economy will grow this in 2023 and 2024; The World Bank updates the forecast for the country

June 6, 2023
How To Enable Dark Mode In Google Search

How To Enable Dark Mode In Google Search

September 14, 2021
Franklin County Auditor’s Office to Hold Community Shred Hunger Event in Columbus

Franklin County Auditor’s Office to Hold Community Shred Hunger Event in Columbus

May 8, 2026
Lt. Col. Dan Rooney Launches Congressional Bid in Oklahoma’s 1st District

Lt. Col. Dan Rooney Launches Congressional Bid in Oklahoma’s 1st District

April 2, 2026
TheClevelandAmerican

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

Follow Us

Categories

  • Art
  • Business
  • Economy
  • Energy
  • entertainment
  • Games
  • Health
  • science
  • sport
  • Tech
  • Top News
  • World

Recent News

New Jersey Commits .2 Million to Legal Defence Programme for Immigration Detainees

New Jersey Commits $20.2 Million to Legal Defence Programme for Immigration Detainees

June 5, 2026
Professor Secures UNC Asheville’s First National Cancer Institute Grant for Cancer Research

Professor Secures UNC Asheville’s First National Cancer Institute Grant for Cancer Research

June 5, 2026
  • About Us
  • DMCA
  • Contact Form
  • Privacy 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.