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Saudi Arabia Invests $109B To Meet 1/3 Energy Needs From Renewables

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Mani
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Saudi Arabia aims to get 33 percent of its energy from renewable energy sources by 2032, by spending $109 billion.

Saudi Arabia Invests $109B To Meet 1/3 Energy Needs From Renewables

World’s largest oil producer, Saudi Arabia, is set to discuss its drive towards renewable energy at the forthcoming third annual Solar Arabia Summit, scheduled to be held in Riyadh from September 29-30.

The kingdom’s major investment drive has evoked wide publicity. King Abdullah City for Atomic and Renewable Energy, commonly known as KACARE released a series of documents detailing the revised

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Mani is a Senior Financial Consultant. He has worked in Senior Management role in large banking, financial and information technology organizations. He has provided solutions for major banking and securities firms across the globe in the area of retail, corporate and investment banking. He holds MBA (Finance) and Professional Management Accounting Qualifications. His hobbies are tracking global financial developments and watching sports