• HSBC

Nuclear energy centre set up in Saudi

  • Saudi Arabia: Sunday, April 18 - 2010 at 11:31

A scientific centre for civilian nuclear and renewable energy will be established in Saudi Arabia to meet rising demand for power and desalinated water, Reuters has reported. The King Abdullah City for Nuclear and Renewable Energy will be in charge of promoting research and sealing future deals. Saudi Arabia is investing $80bn on boosting installed power generation capacity to around 67,000 MW by 2020, up from 46,000 MW now.

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