Apr 11, 2025
Saudi Arabia Accelerates Renewable Energy Drive with Ambitious 2030 Targets
Saudi Arabia is intensifying its shift toward renewable energy, aiming to generate 50% of its electricity from solar and wind by 2030, supported by substantial investments and streamlined project approvals.
In a significant move to diversify its energy portfolio and reduce carbon emissions, Saudi Arabia plans to produce half of its electricity from renewable sources, primarily solar and wind, by 2030. This initiative is bolstered by major investments from entities like Aramco and facilitated by efficient project approval processes. The scale of development is noteworthy, with industry leaders highlighting that such volumes are unparalleled outside of China. This transition not only addresses environmental concerns but also positions Saudi Arabia as a potential model for other oil-dependent nations seeking sustainable energy solutions. Read more.
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Jun 5, 2025
Renewable Energy Investors Receive Mixed Signals In The U.S.
In early 2025, U.S. clean energy investments faced significant setbacks, with $8 billion in projects canceled amid policy uncertainties and shifting federal priorities.
U.S. Utility-Scale Solar Installations Drop 30% in Q1 2025 Amid Policy Uncertainty
In the first quarter of 2025, the U.S. installed 4.4 GW of utility-scale solar power, marking a 30% decrease from the previous year’s record, as policy uncertainties and market challenges impact the renewable energy sector.