1. Saudi Arabia opts for solar power: On 29 March, Softbank and Saudi Arabia reached an agreement to launch a massive solar power project, a 200 gigawatt solar initiative. This is four times the solar capacity in the United States and four times China’s annual pace of solar power expansion. As of the end of 2016, the world as a whole had only installed 303 gigawatts of total solar photovoltaic capacity.
The kingdom will create an electricity company that will build solar panels and invest in battery technology. Initially, there would be two large Saudi solar electricity generation projects, one with a capacity of 3 gigawatts and one at 4.2 gigawatts. According to Saudi sources, these projects will help create up to 100,000 direct and indirect jobs in the Kingdom. Additionally, they will increase the GDP by $12 billion dollars and save up to $40 billion annually.
2. Air India overflies Saudi Arabia to reach Israel: Air India’s inaugural flight to Israel took off from New Delhi on 22 March with the 256-seater Boeing 787 Dreamliner flying over Saudi Arabia and Gulf states, countries with which Israel has no diplomatic relations. Overflying Saudi Arabia considerably shortened flight times between Israel and India. Earlier this month the company said it planned to fly the Delhi-Tel Aviv route three times a week.
April 3, 2018