Saudi Arabia is set to invest $2bn in a solar and carbon black integrated complex, according to an official from the country's National Industrial Clusters Program. The project will be built on land that was previously used for oil exploration but has been converted into green space. Baksh said that a feasibility study for the proposal is expected to be completed by mid-2019.
Saudi Arabia is set to invest $2bn in a solar and carbon black integrated complex, according to an official from the country's National Industrial Clusters Program. The scheme will form part of a collaboration between Saudi Arabia, Chinese company Longi and South Korean firm OCI, according to Tariq Baksh, the vice-president of chemicals and renewables at the organisation. Baksh said that a feasibility study for the proposal is expected to be completed by mid-2019.