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Solar Energy in Saudi Arabia Attracts Japanese, French Investments

A consortium consisting of Japanese Toyota Tsusho, French TotalEnergies Renewables, and Saudi Altaaqa Renewable Energy (a Zahid Group company) has completed a $100 million funding to construct a solar energy plant in the Kingdom. The solar plant to be located in Wadi Ad Dawasir is the first renewable project in Saudi Arabia for Toyota Tsusho. The construction of the plant, with a power generating capacity of 119MW, is expected to start in March 2025, according to a statement issued by the Japanese firm on Wednesday. ....

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