Riyadh goes green to free up oil

Saudi Arabia has one of the largest expansion plans for electricity in the Middle East, with the bulk of renewables coming from solar power, the EIA said.

The U.S. Energy Department’s Energy Information Administration updated its profile for Saudi Arabia, saying population growth and a rapidly expanding industrial sector are leading to increased electricity demand in the oil-rich country.

Saudi Arabia aims to diversify its local energy mix in order to free up more of its oil for exports. The EIA says Saudi Arabia aims to generate as much as 55 gigawatts of renewable energy by 2020, with 41 GW planned for solar power.

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