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    Saudi Arabia Considering Chinese Bid for Nuclear Plant: WSJ

    Mar 04,2024 | DAXTROMNSOLAR

     
     
      
     
    Saudi Arabia is reportedly exploring a potential Chinese bid for its first nuclear plant, as the kingdom seeks to reduce its reliance on oil and diversify its energy sources. According to The Wall Street Journal, Saudi officials have held talks with Chinese state-owned nuclear company China National Nuclear Corp (CNNC) about the possibility of constructing a nuclear facility. Saudi Arabia aims to generate up to 50% of its electricity from renewable energy sources by 2032. The potential partnership with China would support the kingdom's efforts to develop its nuclear industry and contribute to achieving its renewable energy goals.
     
    My View: It is interesting to see Saudi Arabia considering a partnership with China in the development of their nuclear industry. With their ambitious renewable energy goals, it is crucial for the kingdom to diversify its energy sources. This collaboration could potentially bring mutual benefits for both countries, fostering technological advancements and reducing dependence on fossil fuels.
     
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