Green Flop: Saudi Arabia Shelves $200 Billion Solar Project
Date: 01/10/18
The Wall Street Journal
Saudi Arabia has put on hold a $200 billion plan with SoftBank Group Corp. to build the world’s biggest solar-power-generation project, Saudi government officials said, in a complication for another eye-catching transformation project in the kingdom.
The stalled project marks a setback for a partnership between Saudi Arabia and SoftBank that has pursued ambitious ideas. Together, they have created a $100 billion fund for technology company investments that has resulted in a rush of new money flooding into startups.
https://www.thegwpf.com/green-flop-saudi-arabia-shelves-200-billion-solar-project/
