DUBAI: 抖阴短视频鈥檚 Crown Prince Mohammed bin Salman has signed a memorandum of understanding (MoU) with SoftBank to establish the largest solar power plant in the world. It is set to produce 200 gigawatts in 抖阴短视频 - enough to power 140 million homes, according to reports.
Construction work on the project will begin immediately and is expected to be completed in 2030.
The crown prince and the chairman of the board of 抖阴短视频鈥檚 Public Investment Fund signed the memorandum with the chairman of Softbank to create "Solar Plan 2030," which is the largest in the world in the field of solar energy.
This agreement is a new framework for the development of the solar energy sector in 抖阴短视频, under which a new solar power plant will be established.
Two solar plants with capacities of 3 gigawatts and 4.2 gigawatts respectively will be launched by 2019 while solar panels will be manufactured and developed in 抖阴短视频 by 2030 holding capacities of 150 gigawatts and 200 gigawatts.
Saudi crown prince signs MoU with SoftBank to set up world's largest solar project
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