K●A●CARE was established by Royal order A/35 of H.M. King Abdullah bin Abdulaziz Al Saud on 17th April 2010 with the fundamental aim of building a sustainable future for Saudi Arabia by developing a substantial alternative energy capacity fully supported by world-class local industries.
Saudi Arabia has a rapidly growing population that places an ever-increasing pressure on the country’s non-renewable hydrocarbon resources. Therefore, it was concluded that alternative, sustainable and reliable sources of energy for generating power and producing desalinated water should be introduced that will reduce consumption of the nation’s fossil fuel reserves. It was also determined that a balanced energy mix of alternative and conventional energy is strategically important to Saudi Arabia’s long-term prosperity, energy security, and its leading position in the global energy market.
Following extensive technical and economic analysis the decision has been taken to introduce atomic and renewable energy for a significant portion of Saudi Arabia’s future energy mix. The two sectors will provide substantial capacity, advanced technology, efficient use of resources and will be fully compliant with international best practices, conventions and treaties. Fulfillment of this decision enables the Kingdom to plan for increased demand for power and desalinated water whilst ensuring the rate of national development continues apace. The introduction of alternative resources now places Saudi Arabia to the fore in the development and utilization of atomic and renewable energy whilst providing numerous opportunities for national and international private sector companies to grow their businesses in the Kingdom, and Saudi nationals to enhance their knowledge and skills.