Saudi Oil Kingdom In The Country To Become Solar

Saudi Oil Minister Ali al-Naimi on the 2nd in France "strategic oil" magazine said in an interview, Saudi Arabia prepared to invest in the development of solar energy.

Naimi said: "For countries such as Saudi Arabia…… concern and should be the most important development is one of the solar energy and we hope that through the efforts of Saudi Arabia to become solar research and development center, and 30-50 Year after a power-exporting country. "

Naimi said Saudi Arabia is developing a new technology. This technology will be able to stripping carbon dioxide from the atmosphere and stored in the ground out, "Many countries hope to cooperate with us."

Saudi Arabia accounted for one third of the world oil reserves, the current daily production of about 10 million barrels of crude oil, is the world's largest oil exporter.

Source: 新华网 Mar. 2, 2008

Global Renewable Energy-Related Business Rapidly Expanding

The United Nations Environment Programme (UNEP) with researchers of the international organizations "Renewable Energy Network for the 21st Century (REN21)" recently published a report that shows that in 2007 the global use of solar energy and other renewable energy sources for power generation equipment investment total of about 71 billion US dollars, renewable energy-related business is rapidly expanding.

The report pointed out that last year Germany for the use of renewable energy for power generation equipment investment ranks of the first countries to 14 billion US dollars, followed by China and the United States were 12.9 billion US dollars and 10 billion US dollars.

Source: 人民日报 Mar. 5, 2008