Outlook for $109 billion renewable energy projects in Saudi Arabia

Saudi Arabia is delaying by eight years its target to complete clean-energy program including $109 billion in solar power, saying it needs more time to assess what technologies it will use. The project was originally intended to produce a third of the nation’s electricity from solar panels by 2032 and more from wind, geothermal and nuclear reactors. The ambition was to save more crude oil for export.

Paddy Padmanathan, President and CEO of ACWA Power talks about the progress towards renewable energy in Saudi Arabia.