Posted 4/6/2024, 8:08:38 PM
Mitsubishi Power Commits to Supporting Saudi Arabia's Growing Electricity Demand
- Saudi Arabia facing increasing electricity demand due to growing population and economic activity
- Per capita electricity consumption increased 20% from 2010-2017; peak demand expected to reach 84GW by 2030 and 103GW by 2040
- Mitsubishi Power committed to supporting Saudi partners meet growing power demand with advanced, efficient technologies
- Company has long history in Saudi power projects; expanding localization efforts for maintenance hubs and facilities
- Supporting Vision 2030 with talent development programs and plans to leverage facilities to provide solutions for Saudi's energy needs