Saudi Arabia expects that solar power

The Kingdom of Saudi Arabia is planning 10 percent of the introduction of the Sun until 2020 derive and finally emerge as the world's largest source of solar energy.

The Saudi Government hopes that the country can generate 5 gigawatts of solar energy by 2020.

The Government hopes that the Kingdom will create up to 15,000 jobs emerging solar industry and is encouraging the development of solar parks, plants for the processing of raw materials and Assembly and other associated facilities.

Investors have pledged to more than 3 billion USD solar panel component plants in Al Madinah province of Yanbu port and to finance in Jubail city in the Eastern province.

A USD 380 million polysilicon plant on the Gulf Coast will be built and will initially produce up to 2014 3,350 tonnes of solar grade polysilicon.

The development of local solar power and national efforts to generate the KSA, efficiently manage and distribute energy, and other vital resources be 2012 - on focus at Saudi of the 15th International show for electricity, lighting, power generation, water technology and HVAC for Saudi Arabia from may energy 7, 10, 2012 at Riyadh International Convention & Exhibition Center in Riyadh stattfindetSaudi Arabia.

Saudi energy is one of the largest and very special energy exhibitions in the region. The 2012 Edition offers once again a focal point networking and transactions site on all aspects of the field energy of energy production and lighting, water technology, air conditioning and electric power.

"Energy is such a broad, exciting and constantly expanding industry, a hard time covering a single, typical fair, would have," said Khaled Daou, project manager of the Saudi power in Riyadh exhibitions company.

"The Saudi energy Expo was created to combine what would have been of multiple events in a single mega-show energy facilitating bonding between different segments." The focus is also on solar, nuclear and other alternative forms of energy to effective demand keeping the oil-for-export markets. "This event is an excellent collection of industry players, latest technologies and world-class products and services in one of the most promising energy markets in the world."

Saudi 2012 four are energy of Saudi of Arabia's top energy similar programmes to reintroduce:

SAUDI ELENEX 2012: the 15th International electrical engineering, power generation & distribution exhibition, under the auspices of the Ministry of water and ElectricitySAUDI LUMINEX 2012 take place: 12th International lighting equipment ShowSAUDI AIRCON 2012: the 13th International exhibition on air-conditioning heating, ventilation & RefrigerationSAUDI water TECH: the 9th International exhibition for water Technology.

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Siemens announces major investment in Saudi Arabia

It is planned to be government approvals and permissions operating 18 months after the final. Start making many job opportunities to create and start page be hub to both international and Saudi experts.

"The establishment of this production facility in the Kingdom of Saudi Arabia is a natural progression of our historical ties to the country", says Peter Loescher, President and Chief Executive Officer of Siemens AG. "The Center is State-of-the-art and the latest sustainable technology to produce." "Thus the Center is a job machine both be Center of excellence for engineering."

The investment decision was announced during Peter Loscher Khalid A. Al Falih, President and CEO Saudi Aramco and Ali S. Al Barrak, President & CEO Saudi electricity company, other senior executives of Saudi Aramco and Siemens in Saudi Arabia met last week.

Siemens involved gradually more than 1000 jobs in the new plant. It is estimated in the broader context of creating approximately 3,000 indirect jobs in the Eastern province where the factory is built. Siemens training the young Saudis further boost giving, by building technology expertise through professional training, based on the German concept. This proven and successful concept includes theoretical courses and "on the job" teaching applied.

Khalid A. Al Falih, President and CEO, Saudi Aramco says of the investment plan "Siemens has a stellar global reputation for technology and innovation culture." You have with Saudi Aramco and the Kingdom have worked and Saudi Arabia by contributing to the development of products and services over many decades. "Their balance in our country covers many fields of power generation up to health care on various aspects of oil and gas production and processing, and I am convinced that the establishment of a manufacturing hub and quality jobs Saudi Arabia for technological will make a significant hub excellence."

"We are proud to continue our successful history in Saudi Arabia with this outstanding project", says Wolfgang Dehen, CEO of energy sector Siemens AG. "The country and the region are quickly develop." "There is a clear demand for sustainable and efficient energy and the ramp-up of technology expertise and positions for ambitious young people."

"Develop the Kingdom of Saudi Arabia, to create the latest technologies and expert and engineering expertise for the energy industry in the Kingdom urges." To engage how Siemens support with a global leader in innovation, the Kingdom will make best use of natural resources and its vision of a knowledge-based society to realize. "This commitment from Siemens will strengthen the partnership between the two companies," said Ali S. Al Barrak, President & CEO Saudi electricity company.

Mr. Abdulrahman F. Al-Wuhaib, Senior Vice President of operations services, Saudi Aramco, said that an important milestone on two strategic fronts for Saudi Aramco. On the one hand supports it the corporate strategy to increase local participation in procurement activities, where Siemens and Saudi Aramco corporate procurement agreement (CPA) announced. This agreement is another corner stone which develop intensive and progressive relationship with Saudi Arabian company. On the other hand, brings Siemens participation of the world's best technologies in the direction of the company to take efforts to improve the Kingdom energy efficiency and reduce energy intensity.

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