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Assessment - Assignment Example

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Saudi Arabia based on numerous studies so far conducted up to date has experienced fluctuating population augmentation though currently boasts of 4% increase (“World Population Statistics”). This is due to its thriving fiscal status whereby besides natives, some immigrants…
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Significant age comprising this population embrace those aged, 15-24, 25-4 years, which is an active unit of the entire society thus representing 19.3 and 45.4% respectively. However, this increasing trend turns to an abrupt turn when the population age exceeds 55 years representing only 4.5%.
The entire state being among those countries in desert regions and the increasing prices of oil rising rapidly, Saudi Arabia has become chief importer of solar panels. Studies so far conducted cite it is the first state in the Middle East (1977) to have embraced solar energy, which makes it a potential and promising market for this commodity (Bahgat 86). The other key aspect that prompted this state in embracing this renewable energy option encompasses its realization of being cheaper especially in generation electricity rather than oil whose prices are hiking by the day (Government Printing Office 15447). Hence, the state becomes a target for solar panels that suit it effectively considering its region characterized high temperatures and much exposure to much sunlight.
Congressional Record, V. 151, Pt. 4, March 11 to April 6 2005. Government Printing Office, 2009. Print. ... Read More
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