Saudi Announces Ready To Start On World's Largest Solar Power Project -- WSJ -- March 28, 2018 - Hallo friendsMY LIVE MY WAY, In the article you read this time with the title Saudi Announces Ready To Start On World's Largest Solar Power Project -- WSJ -- March 28, 2018, We have prepared this article for you to read and retrieve information therein. Hopefully the contents of postings Article my style, Article my way, Article New ways, Article their way, We write this you can understand. Alright, good read.

Title : Saudi Announces Ready To Start On World's Largest Solar Power Project -- WSJ -- March 28, 2018
link : Saudi Announces Ready To Start On World's Largest Solar Power Project -- WSJ -- March 28, 2018

Saudi Announces Ready To Start On World's Largest Solar Power Project -- WSJ -- March 28, 2018

Later today: EIA crude oil inventory data and gasoline demand.

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Solar

Saudis, SoftBank Group announce world's largest solar power project. Development to start this year with a $1 billion investment from Saudi-SoftBank Vision Fund. From The WSJ.

Saudi Arabia’s sovereign-wealth fund and Japan’s SoftBank Group Corp. announced plans to launch the world’s biggest solar-power-generation project, providing another ambitious goal for two of the world’s richest investors.

The development would start this year with a $1 billion investment from the joint Saudi-SoftBank Vision Fund, said Masayoshi Son, chief executive of SoftBank. It is expected to grow into a $200 billion behemoth that provides about 200 gigawatts of power by 2030, he added—more power than Saudi Arabia would need to light up the entire country by then.

The first stage of the project will cost around $5 billion and begin this year, Mr. Son said, with the installation of solar panels that will produce around 7.2 gigawatts of power in 2019. Most of it will be financed with debt.

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Active rigs:

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RBN Energy: reboudning E&Ps curb CAPEX growth, use capital to reward shareholders.

Another MLP bites the dust, but that's a good thing -- Motley Fool. A familiar name: Tallgrass Energy Partners. Others mentioned.

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