If built, the farm would almost triple the country's electricity generation capacity, which stood at 77GW in 2016 and is comprised entirely of natural gas and oil.
SoftBank founder Masayoshi Son, known for backing ambitious endeavors with flair, unveiled the project Tuesday in NY at a ceremony with Saudi Crown Prince Mohammed Bin Salman. The sale of about 5% of the oil giant Saudi Aramco is expected to provide additional funds. While the kingdom has for years sought to get a foothold in clean energy, it's was only in 2017 that ministers moved forward with the first projects, collecting bids for a 300-megawatt plant in October.
Isolated Showers Tonight & Wednesday
We can expect partly cloudy conditions to become mostly cloudy with showers and heavy down pours moving in by late Wednesday . A cold front will slide through early Wednesday evening bringing a small chance of a few brief light showers or sprinkles.
By 2030 the collaboration could yield 200GW of generation capacity including energy storage and Saudi-based manufacturing for PV modules.
Oil-rich - and sun-blessed - Saudi Arabia has pursued an increasingly ambitious renewables programme, including wind and solar tender rounds created to propel it to 9.5GW of renewable energy capacity by 2023. "The Kingdom has great sunshine, great size of available land, and great engineers, great neighbors, but most importantly, the best and greatest vision". The venture also plans to build centers for research and development and education and training, he said. The remaining $10 billion could be in Saudi Electricity Company.
The project is expected to build out all 200 gigawatts of the project by 2030, Masayoshi Sons said.
Saudi Crown Prince Mohammed Bin Salman is on a three-week tour of the United States, his first visit since being designated the successor of his father, King Salman bin Abdulaziz. He established the Vision Fund, which, in conjunction with the Delta Fund set up to invest in Chinese ride-sharing firm Didi Chuxing, has funneled $27.5 billion into 20 tech firms as at the end of December.
Siberian blaze claims 64 lives after exits were blocked
The Kremlin issued a statement saying Mr Putin "expressed his deep condolences to the relatives and loved ones of those who died". Panic erupted as the flames spread with people falling over one another on the stairs and choking in the thick black smoke.
The fund, which was at $93 billion, reached its target after raising $7 billion from US corporates and managers of the Vision Fund in the last few months, according to a source familiar with the fund. "Additionally, it will increase the GDP by 12 billion dollars and save up to 40 billion dollars annually", said the statement from the Saudi embassy in Washington.
Low's side sit top of the Federation Internationale de Football Association rankings and are now on a 22-match unbeaten streak. Toni Kroos and Germany meanwhile know they can not expect as easy a ride as they got in Belo Horizonte four years ago.
This 10-inch tablet will launch in the United States in April before expanding to the rest of the world in May. Well, the cat is officially out of the bag as Acer lifted the veil on the first ever Chrome OS tablet .
Yet wickets began to fall, with Simi Singh taking three crucial scalps as Ireland clawed their way back into the game. Mohammed Shahzad won the match award for an innings of 84 that was expressive to the point of show-boating.
Wylie appeared before British parliament to discuss his role as a former employee of the data firm Cambridge Analytica. And built models to exploit what we knew about them and target their inner demons.
Listen, we're all human beings, and sometimes as hard as we try to put things in boxes, you can't always do it. The NFL Network claimed recently that Beckham Jr will refuse to play until he is handed a hefty new contract.
The hero French police officer who was shot by an ISIS terrorist has married his long-time partner on his deathbed. All of France is unhappy . "We want to be closer to real conditions, so there is no pre-established scenario".
Meanwhile, the Syrian Observatory for Human Rights placed the number of civilians leaving Eastern Ghouta at 140,000. A first deal saw the withdrawal of hardline Islamist rebels Ahrar al-Sham from the town of Harasta last week.
The interview updates a previous mention Tiffany gave in an interview about the superstar, in which she went into less detail. I'm not gonna protest because somebody got offered not the amount of money they wanted to get offered.
Deeley will celebrate Palm Sunday Mass on March 25 at 10 a.m.at the Cathedral of the Immaculate Conception in Portland. The week marks the Last Supper on Maundy Thursday, crucification on Good Friday and resurrection on Easter.
Scattered snow and rain showers today
This will allow our temperatures to get around 60F, which is much cooler than where we should be for this time of the year. Scattered showers will continue around western Montana this morning, then begin to move out by late morning and afternoon.
California sues Trump administration over citizenship query
The census helps determine several things including political representation in Congress and the distribution of federal money. With the Trump administration adding the question about USA citizenship status to the census, the backlash has been swift.
Pacific Rim dethrones Black Panther in box office
Midnight Sun opened in tenth place with $4.1 million and the new thriller Unsane finished in eleventh place with $2.8 million. Love, Simon was down a decent 34% in its second weekend with $7.8 million. $5 million in 1,473 theaters or $3,394 per venue.
New York Yankees suffer DEVASTATING blow ahead of Opening Day
When Gardner, who figures to sit more frequently against left-handers, is out of the lineup, Aaron Hicks is likely to hit leadoff. I predict they will both charge towards 60 home runs each, and may possibly outdo the two Bronx Bomber greats of the past.
China, US in talks to avert trade war
A person familiar with the discussions said these were among the asks from Treasury Secretary Steven Mnuchin and U.S. Reports that Beijing and Washington are negotiating greater access to Chinese markets sent USA stock prices soaring.