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Renewable capacity in the United Arab Emirates is set to increase fourfold, driven by growth in photovoltaics.
That’s according to new analysis by independent energy research and business intelligence company Rystad Energy, which estimates the UAE will reach 9GW of renewable capacity by the end of 2025.
By the end of 2020, the region’s installed renewable capacity was at 2.3GW, around 91% of which comprised solar PV projects.
Rystad Energy also predicts solar PV capacity will reach 8.5GW by the end of 2025, being the major contributor to the UAE’s renewable energy mix.
The report estimates the share of renewable energy in the country’s power generation mix is set to increase from 7% in 2020 to 21% in 2030 and to 44% by 2050.
February 13, 2021
OSLO The installed renewable capacity of the United Arab Emirates, which until recently was nearly non-existent, concluded 2020 at 2.3 gigawatts (GW), around 91% of which comprises of solar PV projects, a Rystad Energy analysis shows.
Solar PV additions are going to pile up, especially from 2022, and drive the country’s total renewable capacity to an impressive 9 GW by the end of 2025.
Rystad Energy, evaluating activity in the country, expects solar PV capacity to reach 8.5 GW in the UAE by the end of 2025, being by far the technology that will contribute the most to diversifying its energy mix.
The share of renewable energy in the UAE’s power generation mix is set to increase from 7% in 2020 to 21% in 2030, and to 44% by 2050.