Saudi Arabia aims to become a “major exporter” of renewable energy, its Minister of Energy, Khalid Al-Falih, has revealed. There are plans to allow for the export of cleanly produced electricity to Europe, through a network. Such electricity supply could be routed through Egypt, and there were “projects underway” to support this, he said. “We will export the power itself, we will export the components and services,” he said. Last week, Al-Falih announced that the kingdom is to launch a renewable energy program that is expected to involve investments of USD30-50bn by 2023, with plans to start the first round of bidding for projects under the program to produce 10GW of power. (Arab News)