Saudi Arabia News

Daily News Update

Desert Technologies hosts workshop on renewable energy

Author
abdullah
Date
2021-09-01 12:09
Views
201

Desert Technologies, a Saudi provider of renewable energy solutions, recently held a workshop on “Renewable Energy and Smart Infrastructure in the MEA and Africa,” at its headquarters in Jeddah. The workshop was attended by a small number of professionals and interested persons, and was broadcasted live on the internet through the company’s social networking channels on Instagram and YouTube.

The workshop was hosted by Desert Technologies’ CIO and partner Khaled Ahmed Sharbatly. He said that through the goals and plans of Vision 2030, the Kingdom is focused on investing in solar energy, which is seen as a promising opportunity to comply with the increasing demand for energy. One of the most optimistic energy programs in the region, the National Renewable Energy Program, is a strategic initiative under Vision 2030, and is run by two main bodies, the Ministry of Energy’s Renewable Energy Project Development Office and the Public Investment Fund.

Sharbatly explained that the plan is to invest $200 billion in the renewables sector in Saudi Arabia by 2030. He said that so far, $7 billion worth of investment has been made, and that this number is expected to rise annually. Following this framework, a study for renewable energy sources sites was created, which acted as a basis for companies to make their investments. Desert Technologies won the bid for solar plants in Madinah and Rafha, which are currently under construction.

The plan is to invest $200 billion in the renewables sector in Saudi Arabia by 2030, and so far, $7 billion worth of investment has been made, and this number is expected to rise annually.

Khaled Sharbatly CIO and Partner, Desert Technologies

According to Sharbatly, there are many renewable energy programs in the MENA region due to an increase in demand for solar energy, driven by two forces: The mass production of solar panels led by China, and the increase in supplies and demand due to mass production resulting in a lesser price, making solar energy more feasible.

Khaled Sharbatly

The global solar installed capacity and investments were estimated at $180 billion in 2019 and are on the rise, despite COVID-19. Solar-powered generators are competing with diesel generators in terms of ease of installation, and investing in the former is considered to be profitable. With diesel generators, there is an ongoing cost for energy; however with solar-powered generators, enough energy is bought upfront to last up to 20 years.

At the end of the workshop, Sharbatly described the Sahara solar containers produced by Desert Technologies in its factories in Jeddah as the best solution for the issue of energy poverty in Africa, as they proved their effectiveness when launched in Africa as an ideal product for generating energy in small communities and villages that do not have electricity or are located off-grid. One container is sufficient to meet the basic needs of approximately 70 small homes and provide instant sustainable energy in remote areas. It represents the ideal alternative to traditional energy that is costly to implement and maintain.

Total 4,889
Number Title Author Date Votes Views
4889
Trump’s Middle East tour will start in Saudi Arabia — the same place he began his debut overseas trip in his first term in 2017
abdullah | 2025.05.13 | Votes 0 | Views 218
abdullah 2025.05.13 0 218
4888
Trump’s Saudi visit pivotal for ‘global peace, security’: Princess Reema
abdullah | 2025.05.13 | Votes 0 | Views 228
abdullah 2025.05.13 0 228
4887
Saudi Stock Exchange chief says Vision 2030 has turned Kingdom into ‘reliable, investible destination’
abdullah | 2025.05.13 | Votes 0 | Views 240
abdullah 2025.05.13 0 240
4886
Arab leaders congratulate Saudi leadership on 94th National Day
abdullah | 2024.09.24 | Votes 0 | Views 322
abdullah 2024.09.24 0 322
4885
Saudi deputy minister receives Ukraine’s ambassador
abdullah | 2024.09.18 | Votes 0 | Views 239
abdullah 2024.09.18 0 239
4884
Authorities warn of thunderstorms, hail across Saudi Arabia until Sunday
abdullah | 2024.09.18 | Votes 0 | Views 255
abdullah 2024.09.18 0 255
4883
Saudi crown prince to deliver annual royal address at Shoura Council on Wednesday
abdullah | 2024.09.18 | Votes 0 | Views 252
abdullah 2024.09.18 0 252
4882
TAIF GOVERNOR RECEIVES VIETNAMESE AMBASSADOR
abdullah | 2024.05.13 | Votes 0 | Views 327
abdullah 2024.05.13 0 327
4881
SAUDI ARABIA'S ACHIEVEMENT OF WELCOMING +100 MILLION TOURISTS RECEIVES GLOBAL RECOGNITION FROM UN TOURISM AND WTTC
abdullah | 2024.03.25 | Votes 0 | Views 310
abdullah 2024.03.25 0 310
4880
한·사우디, 자동차·바이오 협력 강화…광물 등 신산업도 확대 중앙일보 입력 2023.12.15 18:14
abdullah | 2023.12.16 | Votes 0 | Views 397
abdullah 2023.12.16 0 397
4879
HD현대건설기계, 사우디서 굴착기 100대 수주… 연간 800대 예상 담맘~리야드 수도관 조성에 투입 예정 박정엽 기자 입력 2023.12.14 11:12
abdullah | 2023.12.15 | Votes 0 | Views 339
abdullah 2023.12.15 0 339
4878
사우디 산업광물자원부 장관, CTR 창원공장 방문 중앙일보 입력 2023.12.14 11:50
abdullah | 2023.12.15 | Votes 0 | Views 344
abdullah 2023.12.15 0 344
4877
조원경의 돈의 세계 엑스포와 사우디의 비전 중앙일보 입력 2023.12.15 00:11
abdullah | 2023.12.15 | Votes 0 | Views 343
abdullah 2023.12.15 0 343
4876
'석유목욕' 나라서 기후총회? 산유국 웃는 '화석연료 전환 합의' 중앙일보 입력 2023.12.15 05:00
abdullah | 2023.12.15 | Votes 0 | Views 342
abdullah 2023.12.15 0 342
4875
사우디 사막에 새우 양식장 만든다? 투자 전문가도 홀린 이 기술 중앙일보 입력 2023.12.10 07:00
abdullah | 2023.12.11 | Votes 0 | Views 413
abdullah 2023.12.11 0 413

Register