Kingdom Comes Around

“The kingdom is betting that sunshine can transform its economy and bolster its coffers. It needs electricity for new tourism resorts, factories and AI data centers. Green energy could also squeeze more value from the fossil fuels that made the kingdom rich. Saudi Arabia burns oil to generate electricity; embracing alternatives frees up barrels for export. The spread of glass across the desert is one of the starkest illustrations yet of how the plummeting cost of Chinese-made solar panels and batteries is changing how the world generates power, even as the U.S. takes aim at renewables.” WSJ (Gift Article): Oil Giant Saudi Arabia Is Emerging as a Solar Power.