The kingdom is trying to juggle its still-vital petroleum industry with alternative energy sources like wind and solar as it faces pressure to lower carbon emissions.
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Saudi Electricity Company (SEC) has announced that it has secured financing worth SAR11.4 billion ($3.04 billion) for the Taiba 1 and Qassim 1 independent power plant projects, which have a combined cycle gas turbine (CCGT) capacity of 3,600MW.