INSEAD Day 4 - 728x90

BYD logs record EV sales in 2025

It sold 2.26m EVs vs Tesla's 1.22 by Sept end.

Google to invest $6.4bn

The investment is its biggest-ever in Germany.

Pfizer poised to buy Metsera

The pharma giant improved its offer to $10bn.

Ozempic maker lowers outlook

The company posted tepid Q3 results.

Kimberly-Clark to buy Kenvue

The deal is valued at $48.7 billion.

7.1 GW of renewable energy under production in Saudi Arabia

An additional 15 GWs are expected in 2022 and 2023. (AFP)
  • The current production capacity of renewable energy projects is 700 megawatts.
  • Energy projects are covered under the National Renewable Energy Program (NREP).

Saudi Ministry of Energy has put forward renewable energy projects with a production capacity of 7.1 gigawatts (GWs), which are now in various stages of completion, media reports said, quoting S&P Global.

An additional 15 GWs are expected in 2022 and 2023, the agency cited the ministry as saying.

The current production capacity of renewable energy projects operating across the kingdom, under what was proposed in the National Renewable Energy Program (NREP), is 700 megawatts.

A sharp increase in the volume of production capacity of facilities up and running is foreseen over the next two years, the reports said.