Sunday, January 29, 2017

Considering, to invest 40 billion in the solar energy – Hegnar Online

the World’s largest oil companies are considering investments of up to five billion dollars, the equivalent of 42 billion, in solar energy as a means to diversify away from oil production, say sources to Bloomberg.

The same sources claim that HSBC, JPMorgan Chase and Credit Suisse should be hired to look at potential oppkjøpsmål, as well as provide advice in connection with the agreements.

Already this year, the first agreements come able, say sources who are not named.

Neither Saudi Aramco nor any of the banks have wanted to comment on the information facing Bloomberg.

At the World Economic Forum in Davos, however, was Saudi Arabia’s energy minister and chairman of Saudi Aramco, Khalid Al-Falih, obviously offensive when it comes to the plans to be big on renewable energy.

among other things He said that the kingdom wants to be a global “powerhouse” of renewable energy which include solar, wind and nuclear power.

Within 2030, will the kingdom of produce 30 per cent of power from renewable energy sources, according to Bloomberg.

as of today, the country has only one solar pv plants in use, in addition to a small pilot project. It is a facility of 10 megawatts on top of the parking garage to Saudi Aramcos headquarters, informs news agency.

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