Saudi Arabia Aims to Become Next Germany of Renewable Energy (3)

Saudi Arabia wants to emulate Germany’s success with renewable energy and be a pioneer in hydrogen production, as the world’s biggest oil exporter seeks to diversify its economy.

“We will be another Germany when it comes to renewables,” Energy Minister Prince Abdulaziz bin Salman said Wednesday on a panel at the Future Investment Initiative conference in Riyadh. “We will be pioneering.”

The kingdom is working with many countries on green and blue hydrogen projects and those to capture carbon emissions, he said.

Dalio and BlackRock’s Fink Predict Inflation Rebound: FII Update

The green version of the fuel, which produces only ...