Saudis Will Let Households Produce Solar Energy and Sell to Grid
August 21, 2017
By Wael Mahdi
Saudi Arabia will allow households to produce solar energy and sell any surplus electricity back to the power grid starting July 1.
Consumers can install a photovoltaic solar system with capacity limited to no more than 2 megawatts and not less than 1 kilowatt, according to rules listed in the official government newspaper Um al-Qura. The systems must be connected to the power grid.
BloombergNEF (BNEF), Bloomberg’s primary research service, covers clean energy, advanced transport, digital industry, innovative materials and commodities. We help corporate strategy, finance and policy professionals navigate change and generate opportunities.
Available online, on mobile and on the Terminal, BNEF is powered by Bloomberg’s global network of 19,000 employees in 176 locations, reporting 5,000 news stories a day.
Sign up for our free weekly newsletter →