Lower costs of solar energy in KSA cited

A Saudi man walks on a street past a field of solar panels at the King Abdulaziz city of Sciences and Technology, Al-Oyeynah Research Station, in this May 21, 2012 file photo.

A Saudi man walks on a street past a field of solar panels at the King Abdulaziz city of Sciences and Technology, Al-Oyeynah Research Station, in this May 21, 2012 file photo.

Saudi Arabia is expected to surpass the United States of America in cost-competitive renewable power, according to an informed source at the Solar Energy Authority (Soler DirectX).

Another source specialized in renewable energy also recently published an article stating that the price of a kilowatt of solar energy is estimated to range between $130-243 in America, while its cost is predicated to range between $70-100 in Saudi Arabia.

The e-magazine, Cleantechnica, pointed out to the distinctive infrastructure of the Saudi solar energy industry, noting that local Saudi research establishments such as King Abdullah University for Science and Technology are making breakthroughs in the field, which could lead to the production of lower cost solar energy.

 
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