$15bn solar projects to kick off operations in Mena by 2026
DUBAI, 2 days ago Solar power projects worth more than AED55 billion ($15 billion) will become operational across Middle East and North Africa over the next five years, said a report released ahead of Middle East Energy Dubai event. A three-day virtual conference on renewable and clean energy, Middle East Energy Dubai kicks off on May 17. Renewable & Clean Energy will debut as the theme for Middle East Energy’s inaugural virtual focus week, as research from Informa Markets revealed 83 GW of renewable and clean energy capacity, mainly solar and wind power, is being planned across the Mena region within the next 20 years.
Middle East Projected To Become a Market Leader in Clean Energy albawaba.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from albawaba.com Daily Mail and Mail on Sunday newspapers.
Middle East to become a market leader in renewable and clean energy
DUBAI, May 3, 2021 The Middle East is set to become a market leader in renewable and clean energy due to well-designed auctions, favourable financing conditions, and declining technology costs, all contributing to bringing renewables into the mainstream. Research from Informa Markets revealed 83 GW of renewable and clean energy capacity, mainly solar and wind power, is planned across the Middle East and North Africa (Mena) region within the next 20 years, and more than AED55 billion ($14.97 billion) of solar power projects are expected to become operational by 2026. Against this backdrop, renewable and clean Energy will debut as the theme for Middle East Energy’s inaugural virtual focus week on May 17, 2021.