The Kingdom of Saudi Arabia disclosed today its ambitious plan aimed securing a balanced diversification of energy sources through a systematic working program supported by the Ministry of Energy, Industry and Mineral Resources. During an interview with CNN's journalist Becky Anderson, Eng. Khalid Al-Falih, Minister of Energy, Industry and Mineral Resources, highlighted the national program for renewable energy which draws a road map to accelerate the diversification of energy sources in the Saudi domestic market and to enhance the Kingdom's leading position on the world map in the field of renewable energy. He added that the first phase of the program was designed to produce approximately 700 megawatts from several sources of renewable energy which include solar and wind powers. To implement this promising transformation, the Kingdom will adopt a business model that includes independent producers for production of energy in order to attract investment from the private sector. Eng. Al-Falih pointed out that the Kingdom seeks to produce 9.5 gigawatts of the renewable energy in 2023 to support the Kingdom's Vision 2030 as well as to produce 3.45 gigawatts of clean energy by 2020. Eng. Al-Falih also discussed a number of issues, including diversification of energy sources and the Kingdom Vision 2030 in addition to the national goals of sustainability and clean technology, highlighting the Kingdom of Saudi Arabia's position regarding the climate change.
