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Thursday, 29 March 2018

200 billion Dollars in the world's largest solar farm


Saudi Arabia is going to build the world's largest solar farm to meet its energy needs.
A Bloomberg report will be shared with Saudi Arabia for the project and 2 million megawatts of electricity will be generated from this form after construction.
If compared to demanding electricity in Pakistan, maximum demand for maximum heat reaches 22,000 MW, it can be estimated that the Saudi plan is so big.
The power generated from this form will be equivalent to one third of the total amount of energy generated from alternative sources of energy worldwide.
That is why this form of solar energy will be built up to 200 billion .
 This is a part of the project to reduce access to energy sources by reducing the dependence on raw oil from Saudi Arabia.
Saudi government has been emphasizing the importance of energy sources for some time and in the meantime projects were started on last year.
When the construction of the world's largest solar farm is completed, Saudi Arabia's electricity production will increase by three folds, which was 77,000 MW in 2016, which is manufactured with natural gas and crude oil.
The founder of the Soft Bank Masayoshi Son announced that the meeting was held in New York during the meeting with the Saudi Waleen Prince Mohammad Bin Salman in New York.

On this occasion, he said that opportunities for Saudi Arabia to be sunlight in Saudi Arabia are quite broad, whereas the displaced land is much more.
Saudi Arabia wants to complete this project by 2030.
This bank had last year announced the formation of a vision fund technology fund, along with the Saudi government and will provide $ 93 billion for the solar farm, while the remaining capital will be set by the Saudi government.

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