Even the energy minister of the United Arab Emirates, the world’s eighth largest oil producer, has admitted that the steps so far taken in the small Gulf country toward green energy have saved it $191 billion. The UAE gets about 7% of its electricity from solar panels, saving on the import of natural gas. Energy Minister Suhail Al Mazroui said that the Emirates government is so taken with these savings that it intends to accelerate solar projects. Emirati companies such as Masdar and Dewa are also spearheading 40 wind and solar projects internationally.
Source: Even Oil-Rich UAE admits its Green Energy saved it nearly 0 billion, as it builds World’s Largest Solar Farm