WASHINGTON (Sputnik) — The Saudis have announced plans to invest in solar, wind and geothermal power as part of a larger effort to diversify their oil-dependent economy.
"While in Saudi Arabia, Special Envoy Hochstein will travel to Jeddah and Dhahran to meet with government and energy officials to discuss energy collaboration and diversification," the release said on Monday.
Hochstein will also deliver the keynote address at Lebanon’s Third Forum on Oil and Gas in Beirut, where he will discuss the significance of recent discoveries of oil and gas deposits in the Eastern Mediterranean, the release added.
