If you thought Germany and California were aggressively trying to add solar power to the grid, the oil state of Saudi Arabia is giving both of them a run for their money with recent plans to enter the solar market. The country is looking for investors in a $109 billion plan to build 41 GW of solar and a sustainable solar industry….
You may think that a state with an abundance of oil is the least likely candidate to be a big solar investor but that assumption would be wrong. There are two factors driving Saudi Arabia’s entry into solar, and they’re both very wise on the country’s part.
