Life beyond oil: Saudi Arabia is spending billions on renewable energy

There are not so many examples of “empires” successfully transitioning to new eras with new technologies. The companies that ran the shipping lines around the world, were not the same as the one pioneering the new airline industry. Oil made—and still makes—Saudi Arabia very wealthy. But the end of oil is coming and now the country tries to lead again in the new era of renewables. It is investing billions in clean energy. Will it work?

Solution News Source

Life beyond oil: Saudi Arabia is spending billions on renewable energy

There are not so many examples of “empires” successfully transitioning to new eras with new technologies. The companies that ran the shipping lines around the world, were not the same as the one pioneering the new airline industry. Oil made—and still makes—Saudi Arabia very wealthy. But the end of oil is coming and now the country tries to lead again in the new era of renewables. It is investing billions in clean energy. Will it work?

Solution News Source

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