$150 million solar energy company set to build solar power plants in Saudi Arabia

Established with the aim to develop, manufacture and operate solar power plants, the company will build its first power plant in the Mecca province in eastern Saudi Arabia.
The $150 million company believes that Saudi Arabia is an ideal place for solar plant installation as the nation is covered by the Arabian Desert that provides plenty of sunshine and space for solar power plants. The solar power field is designed not only to keep track of the movement of the sun throughout the day, achieving maximum sunlight, but can also work under the highest temperatures.
Although Saudi Arabia makes a lot of money by selling oil, but renewable energy is a cheaper and greener alternative. In a quest to reduce its dependence on fossil fuels and find cheaper and eco-friendly alternatives, the kingdom established the King Abdullah City for Atomic and Renewal Energy in April this year. This renewable energy ‘city’ is designed to meet the country’s growing energy needs in an eco-friendly manner.