Saudi Arabia also plans to build at least 16 nuclear reactors over the next 25 years at a cost of more than US$80 billion.
This new project could create 100,000 jobs and expected to raise Saudi gross domestic product by $12 billion, according to a report. According to the statement, "The development of Saudi Arabia's solar energy sector is a core objective of Vision 2030, the Kingdom's blueprint for a modern and diversified economy".
The first solar panels will be imported from an established manufacturer, Son said, but all the equipment for the project will be manufactured in Saudi Arabia after the first couple of years.
The deal deepens SoftBank's connections with Saudi Arabia and represents a step forward in the Prince's ambitions to diversify the economy. There are now only a few small solar power projects in the country.
110000 civilians evacuate Damascus' Eastern Ghouta
Devastating air strikes and artillery fire have reduced large parts of Ghouta to ruins, forcing their residents to abandon them. The Britain-based Syrian Observatory for Human Rights confirmed the mass evacuation.
Virtually all of Saudi Arabia's power comes from oil or natural gas. "But 200 GW by 2030 though, that's another question", Kiernan said. Those efforts included investments of high-profile in technology including plans for a new city of $500 billion. The first two solar parks will be able to generate 7.2 gigawatts of power and are scheduled to begin construction this year and start generating electricity in 2019.
SoftBank and the Kingdom of Saudi Arabia are planning on cashing in on the sunshine in the Middle East by building a solar project that would cost $200 billion in the oil-rich nation.
The Public Investment Fund (PIF) invested about $54 billion previous year according to data from the Sovereign Wealth Fund Institute.
It will cost $5 billion with $4 billion coming from financing and $1 billion from Softbank's Vision Fund.
Attia said that 200 gigawatts of solar would basically be enough to provide 95 percent of the country's current electricity needs, but since solar is only available during the day, it couldn't actually provide that much unless it was paired with massive battery installations.
Los Angeles police confirmed that detectives were in Northern California, but they declined to provide any further details. Shabani, 25, was last seen on security camera around 1:15 p.m. on February 23 near her Hollywood home, police said .
'There weren't many people laughing, but I didn't feel humiliated, ' he told the New York Post , adding: 'He's the governor. My experience has taught me that there's only one way to deal with a bully. "We just do it without the rhythm", Cuomo said.
Jeremy Corbyn, who has faced opprobrium this week for his alleged anti-Semitism, took some time to criticise Russian Federation . They were involved in activities outside their official capacity and an abuse of their privileges of residence, U.S.
On Friday, Feb. 23, Wamsi Mohan wrote a note detailing their forecasts for Apple after contacting the company's suppliers in Asia. This main change would come in the form of flexible screens, resulting in a hypothetical foldable iPhone .
Over the weekend, Trump seemed to first publicly float the idea that the military could help him fulfill his campaign pledge. The budgeting done by the Congress is very specific and any additional approval might be hard to obtain.
Prior to that, he led VCU from 2003-2006, leading the Rams to 79 victories and a.694 winning percentage in conference play. I was thoroughly impressed with their vision for the University of Pittsburgh, the athletic department and our program.
The teams, at least at senior level, have not played each other since the notorious semi-final of the 2014 World Cup . Against Germany , we will want to play football, to be competitive, mentally strong, and put our ideas into play.
A win in Karnataka would be a massive boost for the BJP as the saffron party has been eyeing South India for a while now. The gazette notification will be issued on April 17 , and nominations will be accepted till April 24 .
Initially, U.S. dollars may be used as deposit and for settlement, and in the future, more currencies will be used as deposit. U.S. shipments, which benefited from OPEC supply cuts and rebounding crude oil prices, averaged 153,000 bpd a year ago .
Israeli police investigators have also been grilling Netanyahu for corruption over his involvement in cases 1000 and 2000. The Haaretz newspaper said he will deliver recordings of the prime minister and his wife as part of the agreement.
Stay TOONED: John Bolton in the House
While the views of the president and his top advisers should be in alignment, the national security adviser has a special role. A super PAC led by former USA ambassador to the United Nations John Bolton paid Cambridge Analytica more than $1 million.
Samsung Galaxy J7 Prime 2 with 13MP camera launched
Otherwise if Note 9 repositioned fingerprint sensor as Samsung did on the S9, then there should not need to be too upset about it. The new device comes Samsung Mall app and it also support Samsung Pay Mini through which you can transfer money using UPI.