IRENA: MENA leadership in renewable energy development

The International Renewable Energy Agency (IRENA) has confirmed that many countries in the Middle East and North Africa have become world leaders in the development of renewable energy.

This contributed to the rise of solar energy prices to a world record recently. The cost of producing for a MWh per hour reached $ 17.8 at Sakaka project in Saudi Arabia, while a MWh averaged between $ 24.2 and $ 29.9 in Abu Dhabi and Dubai!

IRENA stated that MENA recognize the social and economic benefits of renewable energy deployment, which is seen as an opportunity for industrial diversification and acquiring the added value of technology transfer.

In Morocco, the local industry has evolved through raising capabilities in the field of solar water heaters, so create 13,000 new jobs, as well as the construction of the world’s largest solar complex, where manufacturing tasks account for 42% from the domestic production.

Aasem Abuzeid

Aasem Abuzeid

Aasem Abuzeid is the Director for MENA Region. He acts as a leading marketer in Arabic-speaking countries. He is also the COO and lead-developer of NBN.
0 0 votes
Article Rating
Subscribe
Notify of
guest
0 Comments
Inline Feedbacks
View all comments

Don’t Stop Here

China will finance Brazil

President of Brazil Michel Temer, said on August 29th he expects China to be a major player in Brazil’s plans to modernize its ports, airports

wind power

Dumat El Jandal Wind Power Plant

The Saudi Minister of Energy and Mineral Resources Khalid Al Faleh, declared recently that a plan of 700 MW of renewable energy has been put

Bahrain gets closer to Russia

His Majesty King Hamad bin Isa Al-Khalifa paid an official visit to Moscow on September 5 to hold talks with Russian President Vladimir Putin on

Scroll to Top