Royal Decree of 17/04/2010 on the King Abdullah City for Atomic and Renewable Energies (KARARE)

Country / jurisdiction: Saudi Arabia · Year: 2010 · Status: In force · Level: National · Type: Voluntary

Fully funded by the Saudi government, the King Abdullah City for Atomic and Renewable energies (KARARE) will be located in Riyadh. The City will be in charge of drafting policies for renewable and nuclear energy deployment plans. The city will also coordinate the action of the different national Renewable Energy Centres and host university research institutes and private sector enterprises involved in the field of low carbon energy. The City will be supervised by a 13 member council from relevant ministries and have two main targets: Ensure continued supplies of drinking water and electricity. Major attention will be paid to solar energy for desalination. The City will be exempted from all taxes and tariffs on imported machinery and equipment dedicated to its activities.