Saudi Arabia and Japanese telecom giant-turned-tech investor SoftBank expanded their partnership on Tuesday, announcing the world's biggest solar power generation project at a press conference in NY. That's about how long it's anticipated it will take to build out all 200 gigawatts of the project.
The project is consistent with Saudi Arabia's Vision 2030 - the Kingdom's long-term strategy to wean itself off oil revenues and diversify its economy.
The first solar panels will be imported from an established manufacturer, Son said, but all the equipment for the project will be manufactured in Saudi Arabia after the first couple of years. Son said that it has signed a memorandum of understanding on Tuesday evening to build a $200 billion biggest solar power project in Saudi Arabia.
Speaking to journalists in New York, Softbank chief executive officer Masayoshi Son described the solar plan as the "by far the largest solar project ever", according to video of the event distributed by Bloomberg.
"You have never seen something of this scale", he is reported as saying. Prince Mohammed stated: "It's a huge step in human history", adding "It's bold, risky and we hope we succeed doing that".
As per the agreement, two solar plants with a capacity of 3 gigawatts and 4.2 gigawatts will be launched by 2019. It is also expected to save the kingdom $40 billion by obviating the need to burn domestically produced oil to generate power.
Pacers open four-game trip at injury-ravaged Golden State
They have been playing well, having won two in a row and three out of four, beating the Heat 113-107 in OT in their latest. Quinn Cook will likely be in the starting lineup again on Tuesday as Steph Curry continues to nurse his sprained MCL.
The solar project will provide 100,000 jobs to people and it will also increase Saudi's gross domestic product by $12 billion.
From previous year, Softbank is planning to work on several projects with Saudi Arabia which includes developing a new business "Neom" and industrial city in the country. SoftBank's Vision Fund will give $1 billion for the first phase. The $100bn fund is dedicated to technological investments and has poured money into industry disruptors like Uber, chipmaker Nvidia and Indian e-commerce giant Flipkart.
Last year, Saudi Arabia pledged $45 billion to invest in technology companies around the world. The electricity demand in the country has grown by 9% a year since 2000.
Israeli prime minister Netanyahu rushed to hospital
Video footage showed a police auto pulling into the driveway of the prime minister's official residence in Jerusalem. A security cabinet meeting scheduled for Wednesday will take place as planned, an Israeli official told Reuters .
After she announced, Nixon said she raised more campaign cash from small donors in one day than Cuomo did in eight years. A former " Sex and the City " star who has announced she is running for governor of NY called out her rival, Gov.
Opponents of placing a question about citizenship include the state of California and many interest groups representing migrants. California has already said it will sue the Trump administration over the decision.
Ms Reid said even Vice President Mike Pence told a crowd that "when it comes to building a wall, we're going to build it all". Trump's proposed mechanism is for the Department of Defense to fund the wall. "Certainly that's one", the official said.
The body was found on Monday, March 26, in Dry Creek in the Spenceville Wildlife Area about 50 miles north of Sacramento. On March 22, San Bernardino County sheriff's deputies found Spotz in his auto in the area of the 10 and 15 Freeways.
Louis to arrive on Thursday in case the Sharps had just planned to stay an extra day, Weland told ABC News . Major says extended family became concerned when the Sharps didn't return home for a basketball game.
In 2011, an Islamist gunman shot dead three children and a teacher and a Jewish school in the southwestern city of Toulouse. Just previous year , a elderly Orthodox Jewish woman, Sarah Halimi, was beaten and thrown out of her window in France.
This is 24% further than the UK's existing longest route, operated by Garuda Indonesia between Heathrow and Jakarta (7,275 miles). The new Qantas service is part of the airline's plans to eventually connect Europe with airports on Australia's east coast.
Circling the image, the Keeping Up with the Kardashians cast member wrote, "I miss you", underneath the nude snap. And on Monday, she shared a throwback black-and-white bikini pic with the caption "summer goals".
The military strategist, who joined the administration in February 2017, has struggled to navigate a tumultuous White House. Bolton , 69, has been an especially outspoken critic of the Iran nuclear agreement.
Fourteen EU member states have expelled dozens of Russian diplomats in an orchestrated reaction Monday, over the poisoning of. Russian Federation has denied responsibility, while accusing Britain of leading a global charge against it without proof.
Catalan parliament defies Spain again with vote on leader
Spanish national police said on Wednesday that two Catalan regional officers who were traveling with him had also been arrested. Andrews University has said it is "deeply concerned by recent developments, their motives and potential consequences".
Flu Second Wave: Influenza B Can Hit Kids Even Harder
But after reaching out to doctors and nurses in the Triad, they say the biggest point they want to drive home: the flu is the flu. Cases of the B-strain made up almost 60 percent of the country's flu cases reported during the week of March 17, said the CDC.
Pittsburgh to hire Duke assistant Jeff Capel, reports say
"I am honored to be named the head coach of the University of Pittsburgh men's basketball program", Capel said in a team release. Capel also played for Coach K at Duke, before starting his coaching career as an assistant at Old Dominion in 2000.
Apple's new iPad with Apple Pencil support is coming to T
The company is expected to unveil a cheaper iPad , possibly with Apple Pencil support and new software for the classroom. Another program for teachers is Everyone Can Create, which will offer free content for the creative arts.
Three killed in series of attacks in France
Radouane Lakdim had been spotted and tracked by the intelligence services, but the risk of acting out had not been detected. In this image taken from La Depeche Du Midi, police attend an incident in Trebes, southern France , Friday March 23, 2018.
These belts are mine - Parker confident of Joshua victory
Some people think we're mad - it's all a strategy, we're professionals. "I'm going to beat him", he told a media conference. We will start on the dot whether Anthony is there or not. "So Eddie should make an effort to get his man there on time".