Local, international firms said to install solar cells across Saudi Arabia
16/09/2017
Argaam
Local and international companies will be allowed to install solar cells to generate power in Saudi Arabia, Al-Eqtisadiah newspaper reported, citing Abdullah Al-Shehry, governor of the Electricity and Co-Generation Regulatory Authority.
As using solar energy will be optional, interested firms will have to register for the tender and obtain a license from the Saudi Electricity Company, he said.
The solar energy project will be implemented by mid-next year, allowing consumers to export energy to the national grid at a set price or it will be a part of from their electricity bills, he added.
Market Indices
TASI
10,542.23
(47.72)
(0.45 %)
Quotes
SAUDI ENERGY
15.57
(0.03)
(0.19%)
About Us
Join Us
Argaam Tools is an advanced tool that provides investors, analysts, research houses, and corporate executives with easy access to a single source for in-depth data on macroeconomy, capital market, sectors, and companies insights.
Argaam.com Copyright © 2026, Argaam Investment, All Rights Reserved
Call Request
Comments {{getCommentCount()}}
Be the first to comment
رد{{comment.DisplayName}} على {{getCommenterName(comment.ParentThreadID)}}
{{comment.DisplayName}}
{{comment.ElapsedTime}}