Saudi Arabia’s Solar Power Goals Are as Challenging as They Are Big - Bloomberg

Saudi Arabia’s Solar Power Goals Are as Challenging as They Are Big - Bloomberg:

"Saudi Arabia and Japan’s SoftBank Group Corp. signed a memorandum of understanding on Tuesday to develop 200 gigawatts of solar power capacity by 2030 in the desert kingdom, with a price tag of $200 billion. Here’s a few points to keep in mind: The Size It’s a hundred times larger than anything else on the drawing board worldwide and double what the global photovoltaic industry supplied last year, according to data compiled by Bloomberg New Energy Finance. Or, as Bart Lucarelli, managing director for power and utilities at AWR Lloyd, puts it: “Surreal and unprecedented.” If built at one site, a 200-gigawatt solar farm would cover about 2,023 square kilometers (781 square miles), or double the size of Hong Kong, according to Bloomberg News calculations."



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