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) is a strategic research provider covering global commodity markets and the disruptive technologies driving the transition to a low-carbon economy. Our expert coverage assesses pathways for the power, transport, industry, buildings and agriculture sectors to adapt to the energy transition. We help commodity trading, corporate strategy, finance and policy professionals navigate change and generate opportunities.
Sign up for our free monthly newsletter →