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WINNER OF THE RF MINSTROY MEDIA COMPETITION 2016
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21:21 23-03-2017
Russia builds plant producing drugs based on human blood plasma
20:55 23-03-2017
Finnish company to build 28,000 sqm of housing in Moscow region
20:43 23-03-2017
Cheapest apartment in historical center of Moscow put for sale for $86,5m
20:23 23-03-2017
Architect offers to use experience of ancient Russian towns to develop territory
19:54 23-03-2017
Russian Railways to allocate extra funds for construction of Krasnodar bypass
19:38 23-03-2017
German scientists put in operation artificial sun
19:16 23-03-2017
Moscow to host international experiment simulating interplanetary flights
18:44 23-03-2017
Chinese Bank ICBC starts to carry out operations in yuan in Russia
18:01 23-03-2017
Russia establishes Council for Antiseismic Construction
17:37 23-03-2017
Duterte welcomes Russian warships in ports of Philippines
16:22 23-03-2017
Construction of major facility for SCO and BRICS summits launched in Russia
15:50 23-03-2017
Construction of powerful thermal power plant starts in Bryansk region
15:12 23-03-2017
Tula region launches project for improvement of urban environment
14:47 23-03-2017
Russian-German company suspected of cartel secret deal at building roads
13:18 23-03-2017
$135m to be allocated for ongoing reconstruction of main Moscow airport
12:35 23-03-2017
Georgian authorities intend to build government town on outskirts of Tbilisi
11:59 23-03-2017
Russian oil companies attain elimination of their British “clones”
11:25 23-03-2017
Russia offers to draft international convention on combating cybercrime
10:44 23-03-2017
Russian Sberbank allocates $52m to support small businesses in Far East
09:57 23-03-2017
240,000 hectares of industrial zones in Russia to be built up with housing
23:42 22-03-2017
Norway permits one of Russia’s richest man to develop Dvalin gas field
22:49 22-03-2017
Stroytransneftegaz built 50% of its Power of Siberia’s section ahead of schedule
22:08 22-03-2017
Ukrainian companies to be supplied with coal from South Africa
21:30 22-03-2017
British millionaires predict positive effect of Brexit on their capital
20:07 22-03-2017
Xiaomi opens second plant for smartphone production in India
19:14 22-03-2017
Russia's first cinema with a cylindrical screen to appear in Zaryadye Park
17:46 22-03-2017
Russia ready to cooperate with all partners over Nord Stream — Putin
17:21 22-03-2017
Russia and Egypt plan to prepare contracts for El-Dabaa NPP within two months
17:03 22-03-2017
UPS builds new terminal in Salt Lake City
16:48 22-03-2017
Businessmen strive to invest in Golf Resort in Gelendzhik
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Saudi Arabia invests $50bn in construction of solar and wind power plants

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Saudi Arabia invests $50bn in construction of solar and wind power plants

Saudi Arabia plans to allocate up to $50 billion to the implementation of projects in the field of renewable energy, Bloomberg reports.

The country’s authorities have invited local and international investors to participate in a tender, the winners of which will be able to take part in the construction of solar and wind power plants. According to the available data, the plants’ total capacity could reach 700 MW.

In April 2016, Saudi Arabia's king, Salman bin Abdulaziz al Saud, endorsed the program of the country’s development in the period until the year 2030. Vision 2030 program is expected to help to prepare the country for life without super profits from oil.

This program provides, among other things, for producing 10 GW of energy from renewable sources as early as by 2023, as well as the transformation of Saudi Aramco into a diversified energy company.

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