Mena region to double solar capacity in 2021 – Apicorp

Region a strong candidate to become a major hydrogen exporter

Installed solar power capacity in the Middle East and North Africa (Mena) region is expected to double this year, with wind and hydropower also growing, according to multilateral development financier Apicorp . As a whole, the Mena region expects to add an estimated 3GW of solar power in 2021 and almost 20GW by 2025, Apicorp says in its annual outlook report. The UAE’s solar capacity is expected to show the fastest growth, with nearly 5GW of projects in the pipeline. Renewables in the UAE constituted around 6pc of total installed capacity and 3pc of power generated as of 2020. "Despite its significant potential in this area, the Mena region suffers from the limited role of stora

Welcome to the PE Media Network

In 2021 Petroleum Economist is joined by Hydrogen Economist and Transition Economist to form the only genuinely comprehensive intelligence service covering the global energy industry