The Middle East has long held enormous promise as a renewable energy powerhouse.
The greening of the land of black gold
January 2018
The Middle East has long held enormous promise as a renewable energy powerhouse. But due to its vast and cheaply tapped oil resources and entrenched hydrocarbon-based energy policies, promise – to this point – has remained just that. However, to judge by this year’s World Future Energy Summit, meaningful change in the region is finally starting to mirror the world-wide Energy Transition now afoot. Read Recharge’s unrivalled coverage from last week’s event in Abu Dhabi.
The land of black gold is finally turning green
AGENDA | The World Future Energy Summit confirmed that a renewables revolution is set to sweep the symbolic home of global oil, writes Darius Snieckus
Wind and PV power to fall to $0.03/kWh by 2020: Irena
Wind and PV projects could be flowing electricity at $0.03/kWh or less inside the next two years as cost trajectories continue their precipitous decline, according to a new report from the International Renewable Energy Agency (Irena).
Solar to lead Middle East renewables to 100GW by 2035: study
Power generation from renewables in the Middle East will skyrocket to 100GW by 2035 as the region’s demand swells to accommodate economic diversification and a rapidly growing population in the UAE, according to a new report from global industrial giant Siemens and Abu Dhabi clean energy group Masdar.
Masdar, Elsewedy and Marubeni plan 800MW of wind in Egypt
Abu Dhabi renewables company Masdar has signed a collaboration deal with Middle East energy infrastructure company Elsewedy Electric and Japanese developer Marubeni to build an 800MW wind power portfolio in Egypt.
ACWA Power has become the first utility-scale energy generator to adopt the SolarCoin – a blockchain-based cryptocurrency paid out for solar power production – for its operations around the world.
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