Friday, June 22, 2012

Clean Energy Growing in the Middle East

I found an interesting article online at (Link). The article confirms as I mentioned in a previous blog that Saudi Arabia is planning to secure 41 GW of Solar Energy by 2032. Highlighting that otherwise continued reliance on Oil for Power generation will limit the Kingdom’s Oil export capacity.
Also, noteworthy in the article was Iran’s plans to develop a 5MW pilot plant for geothermal energy and its intention to add 12,000 MW of renewable energy to its power capacity.
The article also mentions that Qatar Solar Technologies plans to build a $1 billion silicon plant in Qatar to supply the material to manufactures of solar panels. In addition, Qatar Electricity and Water Co. wants to get 10 percent of its electricity from solar by 2018.
The article also mentions Petra Solar and First Solar as companies targeting the Middle Eastern Renewable market. It will be interesting to see who the foreign solar companies will choose to strike their strategic partnerships in the region.

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