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Saudi renewable energy push

Riyadh is planning to launch a $30bn-50bn renewable energy investment programme in the near future, according to comments by energy, industry and mineral resources minister Khalid Al-Falih on 23 January. The programme is designed to result in 3.5GW of clean energy generating capacity by 2020 and 9.5GW by 2023. Significant investment in nuclear power is also on the cards, he said.

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