$75 Billion in Investments in Renewable Energy Projects In the Middle East

  • Middle East
  • 18 September 2024
1

A recent report by the Energy Industry Council shows that the Middle East is moving towards investing $75.63 billion in renewable energy projects until 2030. These investments include 116 renewable energy projects and are expected to be operational between 2025 and 2030.

These projects include solar generation, onshore wind, hydropower, hydrogen production, carbon capture, use and storage, geothermal energy, energy storage systems, and batteries.

The Middle East is a pivotal region for the energy industry, and the number of clean energy projects underway makes the region even more important in the coming years.

Source (Al-Arabiya.net Website, Edited)

Related News