Saudi Arabia Renewables Q1 2019
Key View:
Non-hydroelectric renewables in Saudi Arabia will make up less than 1% of total installed capacity over our forecastperiod to 2027 because of continued delays, false starts and high local content requirements. We do not expect that thegovernment will reach its target of 9.5GW of renewables by 2023 and expect that plans to construct nuclear capacity will reduce thedrive for new renewables projects.
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