Saudi Arabia: Softbank mega-project boosts confidence in renewables

Issue 1057 - 17 Apr 2018 | 2 minute read

A deal signed between the government and Japan’s Softbank Group to develop 200GW of solar power over the next 12 years has given fresh hope that the kingdom’s green energy industry may finally get off the ground, after previous false starts. Crown Prince Mohammed Bin Salman (MBS) signed a memorandum of understanding on 27 March with Softbank Group chairman and chief executive Masayoshi Son to set up what will be the world’s largest solar energy investment programme.

Want to read more?

Subscribe to Gulf States Newsletter

View subscription options

Don't have an account?

Register for access to our free content

An account also allows you to view selected free articles and set up news alerts.


Join our community

Sign up for an account to gain:

View a selection of Free articles

Explore subscription options

Follow us on Google News