Saudi news

Saudi Arabia is in talks to fund a British space solar project

Saudi Arabia is in talks to fund a British space solar energy project, according to The Times of London.

Last week, British Minister of Energy, Business and Industry Grant Shapps met with Saudi Minister of Communications and Technology Abdullah Al-Sawaha to discuss the possibility of cooperation to generate solar energy in space, with the participation of officials in the NEOM project.

A study conducted in Britain showed that the shift towards clean energy around the world can save the global economy trillions of additional and unexpected dollars, and it can be achieved in a shorter period than previously expected, thanks to the rapid development in alternative energy production technologies that the world is witnessing. .

A study conducted at the British University of Oxford last year said that by 2050, the transition to clean energy is expected to save the world more than $12 trillion.

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