PHOTO
A Saudi man walks on a street past a field of solar panels at the King Abdulaziz city of Sciences and Technology, Al-Oyeynah Research Station May 21, 2012. Image for illustrative purpose.
RIYADH - Saudi Arabia's energy minister on Monday said that the kingdom plans to invest 380 billion riyals ($101 billion) in renewable energy projects and a further 142 billion riyals in energy distribution through 2030.
Prince Abdulaziz bin Salman al-Saud was speaking at a budget conference in Riyadh. ($1 = 3.7513 riyals)
(Reporting by Yousef Saba Editing by David Goodman ) ((aziz.elyaakoubi@thomsonreuters.com; +971552994086; Reuters Messaging: aziz.elyaakoubi.reuters.com@reuters.net))