The Middle East is transitioning to solar energy to reduce dependence on fossil fuels.

Middle East solar energy investment nears $100 billion, including a $3 billion investment by Jingke Energy and Saudi Arabia's sovereign fund.

JinkoSolar will build 10GW of high-efficiency batteries in Saudi Arabia to boost the country's solar capacity.

The Benban Solar Park in Egypt is a $4 billion, 1,800-megawatt solar park, one of the largest in the region.

The Gulf of Suez Wind Power Project in Egypt has a 1,100 MW capacity, reducing 2.4 million tons of CO2 emissions annually.

The Middle East renewable energy market is growing 13.43% annually, driven by investments in solar and wind energy.

The UAE and Saudi Arabia generate the cheapest solar electricity, with projects like Abu Dhabi's 2 GW Al Dhafra solar farm.

The Mohammed bin Rashid Solar Park and Banban solar power plant have capacities of 5 GW and 1.8 GW, respectively.

Egypt plans to build a 10 GW wind farm and have a total wind production capacity of 24 GW.

The region's energy transition is driven by government incentives, declining solar costs, and growing clean energy demand.

Arab countries, led by the UAE, Saudi Arabia, and Egypt, aim to triple global renewable energy capacity by 2030.

Access to finance is a significant barrier to renewable energy adoption in low- and middle-income Middle Eastern countries.

Renewable energy capacity reached 3,372 gigawatts in 2022, with solar and wind power making up 90% of the total.

The Middle East saw a 12.8% increase in renewables in 2022, adding 3.2 gigawatts of new capacity.

The region's renewable energy sector will see a huge leap in the next decade, driven by government initiatives.

Gulf countries' Green Hydrogen export revenues are expected to reach $200 billion by 2050.

The World Future Energy Summit addresses green finance and climate change in the Middle East's energy transition.

Regulatory reforms are needed for renewable energy growth, and governments are working to create a favorable environment.

The MENA region has high solar energy potential, with 2,000 kilowatt-hours per square meter per year.

The COP28 pledge aims to increase renewable energy capacity and double energy efficiency by 2030.

A balanced energy mix is needed for inclusive development.

The UAE aims to double renewable energy and cut emissions by 40% by 2050.

Fossil fuels account for 98% of the Middle East and North Africa's total energy consumption.

The cost of solar energy has decreased, making it more viable.

The Middle East is poised to boost global energy security with renewables and supply Europe with energy.

The UAE is investing $54.5 billion in renewable energy, and Saudi Arabia is transitioning to a circular carbon economy.

Bahrain refinanced $2.2 billion in sustainability-linked finance, while Oman explores green hydrogen.

ESG frameworks and regulatory support for the energy transition are being adopted in the Middle East.

Government regulations can mitigate renewable energy risks and affect location identification and permits.

Jordan achieved its 31% renewable energy target ahead of its 2030 schedule as part of the Middle East's economic diversification efforts.

The MENA region, which receives 22-26% of the world's solar radiation, is expected to allocate 34% of its electricity investment to renewable energy by 2026.

The MENA region is expected to supply 10-20% of the global hydrogen market and generate $120-200 billion in annual revenues by 2050.

Green finance in MENA reached $3.8 billion in 2020 and grew significantly in Turkey, UAE, Egypt, and Saudi Arabia by 2022.

The UAE aims to achieve net zero domestic consumption by 2050, backed by a $163.5 billion investment in clean energy projects over 30 years.

Saudi Arabia aims to be carbon neutral by 2060 and have 50% renewable energy capacity by 2030.

The energy transition is expected to create new job opportunities, with estimates suggesting over 2 billion jobs worldwide.

The UAE's investment in renewable energy is expected to create new jobs and achieve net zero emissions by 2050.

Egypt aims to increase its renewable energy mix to 42% by 2035 through solar and wind power development.

The energy transition is expected to drive economic diversification in the Gulf through renewable energy.

The Arab countries' renewable energy capacity has increased by 57%, led by Egypt, Saudi Arabia, Oman, and Morocco.

Iraq aims for 12 gigawatts of renewable energy by 2030 to help address its substantial electricity shortage.

A $680 million fund supports clean energy development in Iraq, including innovative solar power solutions.

Morocco and Algeria target 52% and 15,000 megawatts of renewable energy by 2030 and 2035, respectively.

The UAE, Jordan, and Israel plan to develop 600 MW solar photovoltaic plants to boost clean energy and water desalination.

Jordan and Israel will cooperate on solar energy and water projects, including Israel supplying Jordan with 200 million cubic meters of desalinated water.

Palestine aims for 20% renewable energy by 2030, requiring energy storage to support solar generation.

The region is developing a framework to support the adoption of solar energy and energy storage systems.

Banks and Gulf countries have implemented legislation and standards to support green energy and renewable infrastructure.

The Middle East is transitioning to solar energy to reduce dependence on fossil fuels.

Title:

Content: Land solar energy investment set off the "Middle East fever" total amount of nearly 100 billion
China's new energy investment set off the "Middle East fever", solar industry giants Jingke Energy, TCL Central almost at the same time announced cooperation with Saudi Arabia (Saudi Arabia) sovereign fund solar projects, a total investment of about 3 billion US dollars (about NT $97.5 billion).
In addition, inverter giant Sunlight Power announced the successful signing of the world's largest energy storage project with Saudi company ALGIHAZ, with a capacity of up to 7.8GWh.
Analysts pointed out that the above case means that in addition to the continued investment of Middle East funds in the mainland, in the solar industry is subject to overcapacity criticism, mainland funds choose to go to the Middle East to develop the solar industry.
Founded in 1971, PIF is one of the largest and most influential sovereign renewable wealth funds in the world. Its wholly-owned subsidiary, RELC, is one of the largest and most influential renewable wealth funds in the world. and a leader in green energy technology manufacturing.
Founded in 2021 by two major conglomerates, Abunayyan and Al Muhaidib, VI aims to build a new energy industry chain manufacturing capacity in Saudi Arabia to meet the huge demand for new energy in the Middle East and the world, and is an investor and developer of green energy industrial projects to support the localization of supply chains.
Among them, JinkoSolar ’ s joint venture company plans to set up a joint venture company in Saudi Arabia to build 10GW of high-efficiency batteries and components, with a total investment of 7.157 billion yuan.
JinkoSolar has a market share of more than 50% in the Middle East in 2023, including more than 70% in Saudi Arabia.
The joint venture company of TCL Central has an annual output of 20 GW of solar wafer projects in Saudi Arabia, with a total investment of about RMB15.1 billion.
It is also TCL ’ s first overseas solar wafer factory in Central.
After the project is launched, it will become the first solar wafer project in Saudi Arabia and the largest wafer factory in the world.
Vision Group ’ s joint venture will manufacture wind turbines and critical components locally. Helping Saudi wind power value chain achieve 75% localized production by 2030.
And Vision is the global wind power leader, overseas wind orders for two consecutive years accounted for 70% of the orders of mainland China's wind power enterprises.
At the same time, Sunlight Power also announced three sites in the Middle East energy storage project, in the Najran, Madaya and Khamis Mushait regions of Saudi Arabia, with deliveries starting in 2024 and full capacity grid operation in 2025.
However, Sun Power did not disclose the contract amount in the announcement.
TCL Middle East Wealth
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Middle East solar energy investment nears $100 billion, including a $3 billion investment by Jingke Energy and Saudi Arabia's sovereign fund.

JinkoSolar will build 10GW of high-efficiency batteries in Saudi Arabia to boost the country's solar capacity.

The Benban Solar Park in Egypt is a $4 billion, 1,800-megawatt solar park, one of the largest in the region.

Title:

Content: Chairman of the Board of Directors and Editors
I'm sorry.
Mohamad Elbaz
Chairman of the Board of Directors and Editors
I'm sorry.
Mohamad Elbaz
Economy: Benban and the Gulf of Suez are among the largest renewable energy projects
Economic Middle East magazine, which specializes in economics and energy, said that the Benban solar park and the Gulf of Suez wind project in Egypt are considered among the largest renewable energy projects in the Middle East.
Renewable Energy Projects in the Middle East
The Middle East has long relied on oil and gas, not only for revenue but also for power generation, but in the past years, the region has positioned itself as a leader in the renewable energy sector, boasting numerous renewable energy projects.
From 2023 to 2028, Mordor Intelligence expects the renewable energy market in the Middle East to grow by 13.43% annually.
The Arab Clean Energy Initiative was launched by the International Renewable Energy Agency (IRENA), and during the Arab Economic and Social Development Summit of 2013, the League of Arab States adopted the initiative, with leaders pledging to increase renewable energy generation capacity in the region from 12 GW in 2013 to 80 GW by 2030.
Benban Solar Park
Located in Aswan, Egypt with a capacity of 1,800 megawatts, Benban Solar Park is valued at $4 billion and includes 41 solar power plants, one of the largest solar PV parks in the world, spanning 37 square kilometers and containing 7 million photovoltaic panels, this initiative is a component of Egypt ’ s Renewable Energy Feed Tariff (FiT) program, which was unveiled in September 2014.
Gulf of Suez Wind Power Project
In November last year, ACWA Power and the Sovereign Fund of Egypt (TSFE) signed a memorandum of understanding, and together they will invest in a 1100 MW wind power project in Jebel Zeit and the Gulf of Suez. The project is one of the largest onshore wind farms in the world, and aims to provide power to more than one million households and reduce annual CO2 emissions by 2.4 million tons.

The Gulf of Suez Wind Power Project in Egypt has a 1,100 MW capacity, reducing 2.4 million tons of CO2 emissions annually.

The Middle East renewable energy market is growing 13.43% annually, driven by investments in solar and wind energy.

The UAE and Saudi Arabia generate the cheapest solar electricity, with projects like Abu Dhabi's 2 GW Al Dhafra solar farm.

Title:

Content: The Middle East and North Africa have significant investments in wind energy
The Middle East and North Africa have significant investments in wind energy
Renewable energy throughout the Middle East and North Africa is usually talked about from one point of view: the sun shining strongly on the region ’ s deserts.
Solar energy is indeed a great source of energy and is designed to power equipment and appliances, but wind also blows through the plains, hills and seas of the Middle East, and megaprojects harness the power of wind and turn it into energy.
Political analyst Robin Mills says the Middle East and North Africa (MENA) region actually started using modern wind energy on a commercial scale a decade before using solar power, with projects in Morocco, Egypt, Israel and in Tafileh in Jordan, where the turbines are slowly spinning near the ancient fortress of Karak.
The cheapest electricity in the world is generated from solar power in the UAE and Saudi Arabia, and global projects such as the largest single-site solar farm in Al Dhafra in Abu Dhabi, with a power of 2 GW, and two of the largest multi-project sites, the Mohammed bin Rashid Solar Park in Dubai (5 GW) and Banban in Egypt (1.8 GW), can also be installed. solar on a smaller scale on the shelves of homes and factories.
Despite the lack of consistency unlike Northwest Europe, there are excellent wind resources in the MENA region.
Winds are blowing in southern Morocco and the areas around the Gulf of Suez and Aqaba in Egypt, Jordan, northwestern Saudi Arabia, southern Egypt and the southeastern coast of Oman.
Parts of Libya, southern Tunisia, the Algerian desert, inland Iran and Kuwait also experience strong winds, and in contrast to most parts of Europe, the region has open spaces where the construction of wind stations will not be rejected by some segments of society.
Egypt, which hosted the COP27, benefits from having projects that produce 1.59 GW currently installed, 0.75 GW under construction and 1.6 GW planned, and has signed a series of projects in recent weeks, which have included memorandums of understanding with Norwegian developer Skatek for 5 GW, with UAE clean energy company Masdar for 10 GW, and with Saudi energy development company Aqua for 10 GW.
It will be the second largest wind farm in the world, and the largest is Gansu, which produces 20 gigawatts in China.
Aqua is already building a 1.1 GW wind farm at Jebel Zeit on the Gulf of Suez, which will be the largest in the region when it comes into operation in late 2026, with Egypt ’ s total projected production capacity of 24 GW, the seventh largest national capacity in the world according to current figures.
In addition, Egypt, Saudi Arabia, Oman, Morocco and Mauritania will need huge wind farms to build their planned green hydrogen projects, which use renewable electricity to analyze water with electricity.
Under MENA conditions, wind power is likely to be more expensive than solar, even if Saudi Arabia gets a very competitive tariff of 2.13 cents per kilowatt-hour for its first wind farm in Dumat al-Jandal (which was the lowest solar contract in the region at 1.03 cents per kilowatt-hour).
Wind power also takes longer to build, and production cannot be predicted after a few days.
But wind has many advantages: it is clear that it often blows at night more strongly than during the day, making it complementary to solar energy.
This is especially useful in hot early autumn evenings, when people need air conditioning even after sunset.
Solar energy in the region has achieved a capacity factor, which is the average output of the source as a proportion of its peak output, and is about 20 percent over the year, allowing work at night and different seasons, Egyptian wind power manages 53 percent, and solar and wind power in the best locations can have a combined capacity factor of more than 70 percent.
And there are still some vital questions about the location of turbines and mega projects planned in Egypt?
Wind lanes around Sinai are relatively confined and surrounded by mountains, and areas to the south on the Red Sea coast, or inland areas with difficult logistical hurdles, will have to be considered.
And will the region venture out and explore offshore wind power, as Northwest Europe has successfully done?
There are stronger and more consistent winds, and much more room to develop them, albeit at higher costs.
Will current project announcements overlap with green hydrogen projects?
If this is done, the wind requirements will be much greater, and will provoke competition for good sites and equipment.
Can countries in the Middle East and North Africa that are less exposed to wind power, particularly the UAE, Qatar and Bahrain, benefit economically from improved turbines for slower wind speeds?
Will other wind-blowing countries with low energy, such as Iraq, Kuwait, Libya and Tunisia, start adopting this technology?
If those questions can be answered with a yes, the spinning turbines and shimmering solar panels in the Middle East and North Africa will become a symbol of the region ’ s shift to clean energy.
arabic

The Mohammed bin Rashid Solar Park and Banban solar power plant have capacities of 5 GW and 1.8 GW, respectively.

Egypt plans to build a 10 GW wind farm and have a total wind production capacity of 24 GW.

The region's energy transition is driven by government incentives, declining solar costs, and growing clean energy demand.

Title:

Content: Sunday, 24 September 2023 02: 03 GMT
2030 Arab Goal to Advance Renewable Energy Capabilities Globally
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Several Arab countries are accelerating to keep pace with the international aspiration to achieve the goal of tripling global renewable energy capacity by 2030, which is receiving widespread attention, amid various plans and strategies at national levels in many countries.
The Arab countries that are likely to play the largest role in this regard, according to industry experts, are the UAE, Saudi Arabia, Oman, Kuwait, Egypt, Jordan, Algeria and Morocco, by injecting more investments into this vital and promising sector.
During the recent G20 summit in New Delhi in September, G20 leaders expressed their support for all efforts to increase renewable energy capacity and pledged to accelerate measures to address environmental crises and challenges.
With this growing international interest in the energy transition, the plans are facing many challenges, including (but not limited to) access to finance, especially for low- and middle-income countries, with significant investment required over the coming years.
(Al-Bayan), a group of American academics and specialists in the renewable energy sector were surveyed about the main opportunities and challenges on the way to increase the desired capacity, the investments required to achieve that goal, and the extent of its expected environmental and economic repercussions.
Huge spikes.
Achieving the ambitious goal of doubling global renewable energy capacity in the near term will be reflected concretely in several contexts, explains Gregory Nemet, a specialist in the analysis of international energy systems and environmental policies at the University of Wisconsin. By 2030, it will deliver significant benefits in terms of jobs, economic development, and improved air quality, as well as putting the world on the path to addressing climate change in the long term.
“The costs of renewable energy, especially solar and wind, have dropped dramatically over the last 10 years, and most experts expect them to continue to fall, ” says Nemet, explaining that a clean, affordable source of energy creates huge opportunities, allowing global renewable energy capacity to be tripled by taking full advantage of it.
According to Nemet, the 3-fold increase also presents challenges, such as “access to finance for low- and middle-income countries, and investments in electricity grids to accommodate this growth ”, stressing that“ challenges can be overcome through sustained efforts and supportive policies, as we have seen many examples in the recent past. ” A sign of broad international cooperation is required in this regard.
Last year, renewable energy capacity (globally) increased by 9.6 percent to 3,372 gigawatts, an increase of a record 295 gigawatts, despite global uncertainty in light of geopolitical developments and the Ukrainian war, according to data published by the International Renewable Energy Agency (IRENA) on March 22.
Almost half of the new capacity from renewable energy in Asia has been added, with China contributing more than 141 gigawatts to the new capacity of the entire continent.
Renewable energy sources in Europe and the United States grew by 57.3 gigawatts and 29.1 gigawatts respectively.
African capacity increased slightly by 2.7 gigawatts.
According to IRENA data, although hydropower accounts for the largest share of total global renewable energy capacity at 1,250 gigawatts, solar and wind power continue to dominate new capacity, contributing 90% of total capacity last year.
Solar capacity came first with an increase of 22%, followed by wind power with an increase of 9%.
Policies and Incentives
University of Massachusetts academic David Turcotte, whose research interests include climate change and environmental justice, believes that there are many opportunities in the context of increasing global renewable energy capacity, due to increases in oil prices as a result of the Ukrainian crisis, which makes renewable energy sources more cost-effective, as well as worsening economic and human costs. Recurrent, more severe climate change disasters.
“Many developed countries have expanded policies and incentives to encourage increased capacity to produce renewable energy.
However, we still face a lot of challenges […]
That threatens to derail efforts to increase renewable energy capacity, and the transition to a clean energy economy.
Among these challenges is the lack of adequate funding to support increases in renewable energy capacity in developing countries, a challenge he described as “serious. ”
While international efforts are accelerating to target investments in the context of increasing global renewable energy capacity, those investments are still below the 1.5 ° C target.
This is shown by data from IRENA and the Climate Policy Initiative (CPI) released in February, which estimate the total volume of investments in renewable energy sectors during 2022 at $499 billion, up from $430 billion in the previous year 2021.
Developments in the world over the past year, especially with the start of the Russian military operation in Ukraine in February 2022, have also encouraged many countries to move more towards renewable energy sources, to overcome the energy crisis caused by the consequences of the war, in the interest of the desired goal of increasing capacity.
Required investments
John Hall, Professor of Mechanical Engineering at the Center for Energy Production and Infrastructure, University of North Carolina, United States, notes that “the goal of tripling global renewable energy capacity by 2030 is a challenge, and achieving the goal requires an intensive global strategy, focused on significant financial investment, technological innovation targeting these communities, inclusive policies, and collaborative efforts. ”
Speaking with Al-Bayan, he stressed that community participation and infrastructure development in underserved areas should be central to the strategy, leading not only to the promotion of the energy transition, but also to economic upgrading.
The International Renewable Energy Agency (IRENA) estimates that $4 trillion per year will be required in the clean energy sector until 2030 to strengthen global capacity in this regard.
Logistical challenges
Warren Mabey, an academic at Queen ’ s University who specialises in energy policy and natural resource management, told Al Bayan that “it is technically possible to triple global renewable energy capacity over the next six years, and this will put enormous pressure on the global supply chains that support the sector. and manufactured goods, necessary for the transformation process).
Mabe believes that “the cost will be enormous, and the logistical challenge may be too great to overcome ”, stressing the need for“ strong and consistent leadership from countries around the world to achieve this. ”
Arabic Steps
At the Arab level, five Arab countries (Egypt, Morocco, Oman, Saudi Arabia and the United Arab Emirates) are expected to account for about 72% of the region ’ s total growth in renewable energy, according to the Organization of Arab Petroleum Exporting Countries (OAPEC), which expects renewable energy capacity to reach 45 gigawatts by 2027, an increase of 3 times. Compared to the last five years.
The International Renewable Energy Agency (IRENA) estimates that in 2022, the Middle East saw the highest increase in renewables ever, with 3.2 gigawatts of new capacity added last year, a 12.8 percent increase over the previous year.
According to the Arab Renewable Energy Authority (AREA), the volume of investments by Arab countries in renewable energy projects is expected to reach $1 trillion by 2040, in light of the interest of Arab governments in this file, to achieve global environmental goals.
A Great Leap in 10 Years
According to the current data, the renewable energy sector in the region is expected to witness a huge leap in the next 10 years, at a time when eight Arab countries are leading this trend, according to the researcher in international relations and political economy, Abu Bakr al-Deeb, adviser to the Arab Center for Studies and Research, who tells Al-Bayan that the countries strongly candidate to move in this direction are:, Kuwait, Egypt, Jordan, Algeria and Morocco).
Aldeeb also cites the volume of electricity generated from renewable sources in the Middle East and Arab countries, which is expected to increase six-fold in 10 years through heavy reliance on solar photovoltaic energy, noting that the Arab region has “great potential ” to help launch major projects to produce energy from the sun. And wind, among these possibilities or advantages (the right climate, the bright sun most days of the year, as well as human expertise, and financial capabilities also for some countries).
The UAE is at the top of the list of Arab countries that produce electricity from solar energy, while Egypt is the largest country in the Arab world in terms of electricity production from wind energy, according to a report issued by (Global Energy Monitor), which Al-Deeb cites when explaining the progress made by some Arab countries in this sector, The UAE, Egypt, Jordan and Morocco are among the first Arab countries to establish solar and wind power plants.
According to the report, renewable power plant projects for Arab countries are likely to achieve 92% of the region ’ s total target by 2030 when completed.
One of the most reliable projects in this regard is the Green Hydrogen projects, through which the Middle East is seeking global leadership, with export revenues likely to reach $200 billion by 2050 for the Gulf countries, according to a study by Dii Desert Energy.
In this context, Al-Deeb notes the abundance of renewable energy resources, clean hydrogen, human expertise, capital, and their geographical proximity to the European market, all of which provide them with important and growing opportunities.
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Arab countries, led by the UAE, Saudi Arabia, and Egypt, aim to triple global renewable energy capacity by 2030.

Access to finance is a significant barrier to renewable energy adoption in low- and middle-income Middle Eastern countries.

Renewable energy capacity reached 3,372 gigawatts in 2022, with solar and wind power making up 90% of the total.

The Middle East saw a 12.8% increase in renewables in 2022, adding 3.2 gigawatts of new capacity.

The region's renewable energy sector will see a huge leap in the next decade, driven by government initiatives.

Gulf countries' Green Hydrogen export revenues are expected to reach $200 billion by 2050.

The World Future Energy Summit addresses green finance and climate change in the Middle East's energy transition.

Title:

Content: General Supervision
Elham Aboul Fath
Editor-in-Chief
Thank you for your patience.
General Supervision
Elham Aboul Fath
Editor-in-Chief
Thank you for your patience.
World Future Energy Summit.
Green finance and climate change lead day 2
The second day of the World Future Energy Summit (WFES), held at the Abu Dhabi National Exhibition Centre (ADNEC) in the UAE, kicked off today.
The summit is the premier annual forum for future energy and sustainability.
The day ’ s events focused on green finance, with Boris Johnson, the former Prime Minister of the United Kingdom, stressing the urgency of correcting climate change and thinking outside the box, and providing inspiring views on the obstacles to investing in renewable energy and ways to develop it during a session entitled “Financing Global Approaches to Low-Carbon Economies ”.
“It takes a lot of in-depth social studies, practical solutions and a lot of financial support – governments around the world spend a lot of money to defend themselves against other governments, but we don ’ t spend that much money to fight everyone ’ s first enemy, climate change.
He believes that finding practical solutions requires a serious approach to financing and establishing an assembly line for simple renewable energy projects, so that tangible results can be achieved as soon as possible, which is not possible without setting aside the side issues that usually concern us or we will not be able to solve the problem for another 10 years.
Ahmed Bahieldin, General Manager and Commercial Officer for Europe, Middle East and Africa (EMEA) at GE Vernova, an independent public company spin-off of GE ’ s energy, wind and electricity business, also joined the panel.
“Time is an important factor, especially as there is a lot of capital looking for projects in advanced markets, especially in the areas of renewable energy sources and new technologies, and regulatory reforms and the structuring of the revenue model give more room for growth.
The second day of the summit also saw the launch of the Solar Outlook 2024 report, officially released by the Middle East Solar Industry Association at the World Future Energy Summit.
The report highlights the growing contribution of solar energy to the MENA region ’ s ongoing energy transition from traditional fossil fuels to renewables, amid continued manufacturing boom, population and economic growth, as well as concerns about climate change and environmental sustainability.
Solar Energy
According to the report, the Middle East and North Africa (MENA) region today has one of the highest levels of solar energy potential in the world, with countries such as Saudi Arabia, the United Arab Emirates, Morocco and Egypt contributing on average annual solar radiation exceeding 2,000 kilowatt-hours per square meter per year.
While the regional solar growth trajectory is expected to continue, the report reveals that it is still well below the levels required to replace the current fossil fuel contribution of 87%, with solar providing just over 2% of the current energy mix in the MENA region.
Denisa Vines, Secretary General of the Middle East Solar Industry Association, said: “The COP28 pledge to increase renewable energy capacity and double energy efficiency with the support of 124 countries has set ambitious targets to increase the deployment of renewable energy and energy efficiency measures by 2030, but we still face many challenges to achieve these goals, especially in the energy sector within the Gulf region. After 2030, a variety of technologies are expected to be market-ready, offering scalable solutions to decarbonize the energy sector, enabling a more effective role for renewables, energy efficiency and zero-emission technologies.
The broad pursuit of ambitious targets by 2030 is focused on public utility projects, which may overshadow the needs of the commercial and industrial sectors, and this underscores the importance of considering a balanced approach to energy deployment to ensure inclusive and sustainable development.
COP28 Pledges
Speaking at the Solar and Clean Energy Conference, Dr. Ralph Blumenthal, Head of Networks Programs Middle East at Siemens, praised the ongoing discussions on digitization and the great importance of integrating renewables into smart grids to help achieve the goals of the COP28 pledge.
Batteries are key if we want to triple renewables by 2030, and increase them nine-fold by 2050. Batteries are not only storage, they are essential to grid regulation and reduce disruptions that may occur during renewable energy generation. Today, around 1,500 GW of renewable energy has been installed globally and is ready for deployment, but cannot be integrated into networks. It operates 100% on renewable energy, but national grids have not yet been able to effectively integrate renewables on a large scale.
Constructive discussions and sessions on global energy issues and solutions will continue tomorrow with the Electric Mobility Forum, which will comprehensively examine the role of clean and independent transport in changing the future of city design, and what is needed to unlock the potential of investing in expanding electric mobility.

Regulatory reforms are needed for renewable energy growth, and governments are working to create a favorable environment.

The MENA region has high solar energy potential, with 2,000 kilowatt-hours per square meter per year.

The COP28 pledge aims to increase renewable energy capacity and double energy efficiency by 2030.

A balanced energy mix is needed for inclusive development.

The UAE aims to double renewable energy and cut emissions by 40% by 2050.

Title:

Content: In anticipation of the launch of the Conference of the Parties to the United Nations Framework Convention on Climate Change (COP28)
• One-third of respondents trust that renewables will overtake fossil fuels as their primary source of energy by 2050
• Up to 80% of respondents stressed that significantly accelerating the deployment of renewables is the most urgent issue that requires attention to achieve the desired goals
Despite the rapid growth of renewables, they have not met the important targets of the Paris climate agreement.
Dubai, United Arab Emirates: As the UAE prepares to host the COP28 Conference of the Parties to the United Nations Framework Convention on Climate Change (UNFCCC), KPMG has released a comprehensive report titled “Making a Difference in Scaling Up Renewable Energy ”, which highlights 10 pressing challenges defining the energy transition and providing solutions and recommendations to address them.
The scale of current renewables deployment is far from sufficient to meet the Paris climate agreement ’ s ambitions to limit global warming to 1.5 ° C above pre-industrial levels.
The launch of the report is in line with COP28 ’ s goals to adopt global practices and commitments to triple renewable energy by 2030, and outlines the practical challenges that will have to be overcome to achieve these ambitions.
In order to address the challenges, the report noted that a thorough diagnosis of the main challenges hindering the significant expansion of renewable energy should be initiated.
The UAE, which hosts COP28, has outlined plans to double the contribution of renewable energy within the UAE ’ s 2050 energy strategy.
By investing between Dh150 billion and Dh200 billion by 2030, the country aims to meet the growing demand for energy to power an economy that is growing at a rapid pace.
Fadi Shihabi, Partner and Head of Sustainability and Climate Change at KPMG Loire Gulf, said: “COP28 is expected to address gaps in global climate endeavours.
The UAE government has made climate action a strategic priority by revising its national climate pledge under the Paris Agreement; this has been demonstrated by setting targets to reduce emissions by 40 per cent from the current normal level, while previously planning to reduce it to only 31 per cent, in the areas of industry, agriculture, power production and grid power transmission.
Joint efforts and collective action are crucial to the preservation of ecosystems and communities in the near future. ”
More than 80% of respondents agreed that significantly accelerating the deployment of renewables is among the key priorities requiring significant focus, with 84% noting that current market barriers have led to significant delays, even the abandonment of renewable energy projects.
In addition, 40% of respondents said that current government policies are ineffective in accelerating the deployment of renewables, noting that restrictive government policies and regulations are the main obstacle to expansion (77%), with the most important barriers to renewables expansion being: market structure and design (75%), supply chain risk (61%), access to capital (48%), and lack of investment in grid infrastructure (47%).
KPMG will share the findings of this report during the COP28 conference in Dubai in early December, calling on the financial community, energy companies, decision makers, academics, think tanks, and governing bodies to work together to accelerate and scale up the deployment of renewable energy.
For more information on the “Events for Change in Renewable Energy Expansion ” report, or to meet with KPMG experts and officials at COP28, visit www.kpmg.com / energytransition.
KPMG International conducted an anonymous online survey with a total of 110 respondents from different locations in the renewable energy industry, both in public and private companies, in more than 24 countries, answering questions about the need to accelerate the deployment of renewables, current market challenges and policy effectiveness.
# Company Data
- Done.
About KPMG
KPMG is a global organization of independent professional services companies providing audit, tax and consulting services.
KPMG is a trademark under which member companies of the KPMG International Network Limited ("KPMG International") operate and provide their professional services.
KPMG is used to refer to a single member company of the KPMG network or to one or more member companies collectively.
KPMG companies operate in 145 countries and have more than 236,000 partners and employees working in member companies from around the world.
Each KPMG company is a separate legal entity and describes itself as such.
Each KPMG member company is responsible for its obligations and responsibilities.
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Fossil fuels account for 98% of the Middle East and North Africa's total energy consumption.

Title:

Content: 900 exhibitors showcase their innovations at Middle East Energy in Dubai
T + T - normal size
His Excellency Saeed Mohammed Al Tayer, Managing Director and Chief Executive Officer of Dubai Electricity and Water Authority (DEWA), inaugurated yesterday Middle East Energy 2023, the region ’ s leading energy event with over 900 suppliers from around the world showcasing their latest innovations and new technologies to the market.
The 48th edition of the exhibition, which runs until March 9 at the Dubai World Trade Centre and is attended by more than 35,000 energy professionals, will feature an exhibition and three separate conferences, including Intersolar Middle East, the Strategic Conference and Technical Seminars, which explore plans and policies to shape the region ’ s energy sector and inform attendees of its current reality.
During his tour, Al Tayer spoke to a number of leading exhibitors from the region and the world to take a closer look at the latest products and trends in the industry, including Fanar and the German National Pavilion.
Sibylle Bfaff, Consul General of the Federal Republic of Germany in Dubai, stressed that Germany has been keen to participate in the Middle East Energy Show for years, and the German pavilion returns with the largest area in the history of the exhibition this year with the participation of 58 companies, reflecting an increase of 20% compared to last year.
She said: “We were delighted that His Excellency Saeed Al Tayer visited our stand, where he was particularly interested in energy efficiency and sustainability in line with the objectives of the UAE Year of Sustainability.
The UAE is our largest trading partner in the region and is a destination for companies looking to do business in the region and looking forward to the opportunities the region offers. ”
Future Expectations
Nicholas Daher, Principal Energy Analyst at The Economist Intelligence, opened the strategic conference by talking about the current state of energy consumption in the region and the world and the outlook for the future: “Fossil fuels in the Middle East and North Africa account for 98% of total energy consumption, with energy demand in the region expected to grow by 1.8% annually, making it the second fastest growing region in the world after Asia.
The Middle East needs to strike a balance between decarbonising efforts and meeting growing energy demand. ”
Change of Directions
At the Intersolar Middle East Conference, Ahmed Nada, President of the Middle East Solar Industry Association, highlighted the rapidly changing energy trends in the Middle East.
“The cost of solar energy was very high decades ago, and landowners across the region did not trust the vision of a world-leading solar ecosystem, as other fuels such as oil and gas were abundant at the time, ” he said.
But things have changed considerably faster than we can imagine, as the Middle East is now poised to make a real contribution to global energy security by replacing existing resources with renewable resources.
“Several countries like Egypt, Algeria, Libya and Turkey are competing to supply Europe with energy, and this cannot be achieved without coordinated efforts and cooperation.
The Middle East will certainly play a key role in enhancing energy security in the future, especially with regard to renewables.
We have also seen a shift in the supply chain away from reliance on China as the sole source, if the COVID-19 crisis teaches us that no single country can take over supply, prompting Europe to invest heavily in production processes while the United States has enough assets and high demand to rely on itself in domestic manufacturing.
The 48th Middle East Energy Show will see the return of the previously successful Global Buyers Programme, bringing together key industry stakeholders, investors and suppliers from around the world by connecting with more than 100 direct procurement influencers.
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The cost of solar energy has decreased, making it more viable.

The Middle East is poised to boost global energy security with renewables and supply Europe with energy.

The UAE is investing $54.5 billion in renewable energy, and Saudi Arabia is transitioning to a circular carbon economy.

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Content: Environmental, Social, and Governance (ESG) issues have become increasingly prominent on the global stage as organisations recognise the need to integrate sustainability into their operations.

As the Middle East moves towards a low carbon future, sustainability has become a top priority for organisations and governments across the region.

Sheikh Mohammad bin Rashid, Prime Minister and Ruler of Dubai announced while launching the National Hydrogen Strategy that the UAE is to invest up to AED 200 billion ($54.5 billion) in renewable energy.

The launch of a AED 4 billion renewable energy plant in Dubai,  and the world’s largest waste-to-energy plant are proof of sustainability climbing the agenda.

With COP 28 being held in the UAE this year, there is a renewed sense of urgency on climate change action, and the net-zero carbon target is being prioritised through policies and actions.

After all, sustainability will boost the UAE’s economic competitiveness, drive innovative policy and improve investment opportunities.

The region has seen notable sustainability innovations, including Saudi Arabia’s rapid transition to a circular carbon economy, Bahrain’s state oil company refinancing a $2.2 billion sustainability-linked corporate finance facility, and Oman’s exploration of green hydrogen as a clean energy source.

However, the Middle East faces its own unique challenges in implementing ESG practices, especially around accurate sustainability reporting and implementing early regulations to fill in previous gaps.

Other challenges that hinder the progress of the region’s ESG agenda include the talent gap, how corporates in the region address the need to implement ESG practices, as well as data availability.

Regulatory frameworks

While standardised frameworks and reporting guidelines begin to form, the lack of clear regulations can hinder consistent measurement and disclosure of ESG performance.

Global frameworks have now become more widely adopted in the region such as the Global Reporting Initiative (GRI), the Sustainability Accounting Standards Board (SASB), and the newly published International Sustainability Standards Board (ISSB).

The gap in standardisation previously posed challenges for investors and stakeholders who relied on transparent and comparable ESG data for decision-making, however, we are starting to see drastic changes in this area.

Data availability

Many companies in the Middle East still face challenges in collecting, managing, and reporting ESG data, which can hinder their ability to effectively assess and manage their sustainability performance.

Data is the first step to measure any status, but also measure progress. Improving data collection mechanisms and investing in robust reporting systems will be instrumental in addressing this challenge.

ESG talent gap

Organisations need individuals with specialised knowledge and expertise in ESG practices to drive sustainable strategies effectively. Alongside this specialised knowledge, the industry also needs innovators, risk takers, agitators for change, mentors, and communicators in the field. There is however, a shortage of skilled professionals in the region with a deep understanding of ESG principles to drive innovative solutions.

Bridging this gap requires investment in education and training programmes to build a skilled workforce capable of integrating ESG considerations into business practices. Universities and training institutions are therefore increasingly offering courses and programmes on sustainability and ESG and businesses are partnering with academic institutions to develop tailored training initiatives and internships, nurturing a pipeline of talent equipped with the required knowledge and skills.

These efforts will cultivate a sustainable workforce capable of implementing and driving ESG practices in the Middle East.

Implementation by region’s corporates

Despite the challenges, corporations in the Middle East are embracing ESG practices, recognising the importance of sustainability and responsible business conduct. We see this through accelerated electrification and the increase of decarbonizing energy supply.

The GCC’s oil-producing nations have made efforts to diversify energy sources, transitioning towards net-zero carbon fuels for transportation. Investments in renewable energy, such as solar and wind, aim to mitigate environmental impacts and promote a low-carbon economic future transforming the economic system and supply chain.

Additionally, social considerations are gaining prominence. Companies are addressing social issues through initiatives that promote diversity, inclusion, and employee welfare.

Governance practices are also being strengthened to ensure transparency, accountability, regulatory reforms and ethical conduct.

While obstacles in integrating ESG practices persist in the Middle East, corporates in the region are proactively embracing sustainability and responsible business practices.

That the Middle East is emerging as a leader in ESG adoption is apparent through their fullfillment of the UN SDG goals which has driven positive environmental, social, and governance outcomes for businesses and society as a whole.

Bahrain refinanced $2.2 billion in sustainability-linked finance, while Oman explores green hydrogen.

ESG frameworks and regulatory support for the energy transition are being adopted in the Middle East.

Government regulations can mitigate renewable energy risks and affect location identification and permits.

Title:

Content: We have previously indicated that the risks of investing in renewable energy revolve around three main components: technical risks, regulatory risks, and economic risks.
For example, technology can fail, it is difficult to build a solar or wind power plant, construction is delayed due to permit issues, and the sale price of electricity may be unknown or unknown in the contract.
Most of these risks can be mitigated through smart “public policy ” regulations and regulations, as we noted in the previous article.
But the risks of the technology have been greatly mitigated, with solar photovoltaic and onshore wind technology now highly reliable and inexpensive, and secured by a wide range of investors and project finance lenders.
Other technologies are still approaching this situation in many markets, including concentrated solar thermal power and offshore wind.
Emphasis is placed on low-tech renewable energy technologies, however, it is possible that these technologies will suffer market uncertainty in the form of other risks, such as regulatory "development", and economic "pricing".
As for other technologies, such as geothermal or seawall, the severity of risks in all their forms is much higher, and therefore less developed and implemented globally.
Regulatory risks in development appear in three main forms: location identification, issuance of necessary permits, and access or connectivity to the electrical grid.
The forms of localization risk are land expropriation, terms of use and rights, access to roads and transportation, and environmental or cultural conflicts.
Each conflict raises uncertainty, sometimes worth a decade, and can wipe out the project altogether.
If a developer has to spend several years trying to get answers to location questions, it means a lot of time without tangible and meaningful returns, especially the expiration of tax exemptions and others.
Smart “public policy ” regulations and regulations enabled by the responsible government agency can significantly reduce uncertainty by pre-zoning land and engaging stakeholders early with clear requirements and timeframes for permits.
Dozens of other permit requirements appear once the site is selected and approved, including obtaining land (whether land ownership or lease), adhering to building standards, following up on internal issues, paying attention to noise standards, not obstructing traffic, customs clearance, paying attention to environmental standards, protecting workers and engineers, and tightening safety and health concepts and considerations in the project, among others.
Such permits are usually required by local government agencies, but the result can be a firestorm in the form of paper burdens that add years to the project.
The stakeholder that aims to deploy renewable energy — the Ministry of Energy, for example — can get rid of this costly mess by thinking ahead, setting clear standards, communicating directly with others to provide quick permits for projects that meet those standards, and even coordinating ahead to obtain legal exemptions if possible.
For example, exempting renewable energy projects from customs duties and facilitating shipping, which has already happened in the Kingdom.
The process of removing organizational risks is not simple and requires several experienced and capable departments or groups to have a profound impact in working to reduce those risks.
It follows.

Jordan achieved its 31% renewable energy target ahead of its 2030 schedule as part of the Middle East's economic diversification efforts.

Title:

Content: Contribution ｜ Explore Hong Kong ’ s role and opportunities in the development of renewable energy in the Middle East
Author: 01 More Voices
Published: Updated:
In recent years, Hong Kong has actively promoted the development of renewable energy and launched a number of related products in the financial market.
In addition, more and more Hong Kong enterprises have also started to participate in the development of this industry, especially in the financial market, and launched a number of financial products to support the development of renewable energy.
At the same time, many countries in the Middle East, such as the United Arab Emirates, Jordan, Saudi Arabia, Oman and Turkey, are also actively engaged in various large-scale projects to promote the development of renewable energy, and expect to see a different energy mix and economic development model in 2030 or 2050.
For Hong Kong, China and other countries, the development opportunities of the Middle East market cannot be ignored, and Hong Kong ’ s participation in this area cannot be underestimated.
Submitted by: Kwong Cheuk-wui
Recently, I had the opportunity to participate in several seminars on economic and energy development in the Middle East, and have in-depth exchanges with government representatives in charge of foreign affairs and trade from various Middle Eastern countries and Azerbaijan.
These exchange experiences provide the author with a wealth of insight.
After many in-depth talks, to understand the interest and momentum of the development of renewable energy in many countries in the Middle East, the author synthesized the information from various parties and came to the following insights: The reason why the major oil producers in the Middle East are actively developing renewable energy is to achieve economic diversification and get rid of dependence on oil and related industries.
They hope to turn the country ’ s surplus renewable energy into new, dependable foreign revenues (i.e., revenues generated from natural resource exports; “Rents ”) through innovative technologies.
For other non-oil producing countries, they want to achieve economic sustainability through the development of renewable energy, reduce dependence on traditional fossil fuels or electricity imports, and convert renewable energy into new external rental income to boost the country ’ s economic development.
From this, it can be seen that the Middle East countries are very concerned about the development of renewable energy, but also hope to complete the energy transformation as soon as possible, and look forward to renewable energy can produce more and greater economic benefits, create new dependent income, promote economic diversification and modernization, but also benefit thousands of people.
As a result, many countries in the Middle East have invested heavily in and promoted energy transformation and clean energy development.
Although many countries have made extraordinary achievements in driving renewable energy development, they also face many challenges.
Jordan, for example, has a wealth of renewable energy resources, including solar, wind, geothermal and bioenergy, as well as state-of-the-art renewable energy laws, regulatory mechanisms and development frameworks.
Earlier this year, Jordan successfully achieved its national roadmap, originally set for 2030, with renewable energy accounting for 31% of total energy.
The Jordanian government also plans to increase this target to 50%, and is committed to building the country into a regional renewable energy development center and exporting environmentally friendly power to neighboring countries to increase the country ’ s foreign revenue.
However, like other Middle Eastern countries, Jordan faces a host of challenges.
These challenges include lagging energy infrastructure, imperfect grid planning, an over-concentration of resources on solar and wind with less focus on geothermal energy, and a lack of energy storage systems and foreign investment.
In addition, there is the debt problem of the national power company.
These difficulties not only affect Jordan ’ s progress in developing renewable energy, but also act as a barrier to modernizing and diversifying the country ’ s economy.
Some Jordanian officials and scholars are concerned about whether the development of renewable energy is progressing as expected.
They are concerned that if the development of renewable energy and its core economic development model are not carried out smoothly, or if the newly set targets are not successfully achieved, the country ’ s economic sustainability will be adversely affected.
At the same time, it can undermine the credibility and governance of the government.
In particular, those political forces that have been opposed to the use of renewable energy to promote economic development and diversification may take the opportunity to launch opposition actions, further endangering the political stability and regional security of the country and the Middle East as a whole.
It is worth noting that these challenges are not only in Jordan, but also in Middle Eastern countries such as Morocco and Egypt.
Other countries such as the United Arab Emirates, Oman, Saudi Arabia and Qatar have also made great efforts to develop solar and wind power in recent years, but in addition to the above concerns and challenges, there are also concerns that the development of renewable energy will have some impact on the high dependence of these countries ’ economies on oil and gas markets, which may affect existing incomes and lead to economic and social instability.
Other factors include the huge demand for capital, the need for foreign technology and talents, the need for talent training, economic feasibility, etc. These are also issues of concern to the officials of these Middle Eastern countries.
These challenges are in fact a valuable development opportunity for Hong Kong.
The key is to make good use of our strengths, especially in the Belt and Road Initiative, to work with the Middle East countries to promote renewable energy and green economy development.
This not only helps these countries diversify their economies, but also creates development opportunities for Hong Kong businesses and governments, and indirectly promotes the development of other industries.
I suggest that Hong Kong can establish cooperation platforms and channels of communication with transnational organizations in the Middle East and North Africa, such as the Arab Parliamentary Union, the Gulf Cooperation Council, the Turkic Parliament and the Arab Maghreb Union.
Such a platform could be used to explore free trade agreements and to help Middle Eastern countries provide services such as finance, advisory, legal, education or training, and energy infrastructure.
This will not only help Hong Kong consolidate its leading position in the professional services sector and the financial sector, but will also directly or indirectly create many development opportunities, especially in Islamic finance.
Finally, Hong Kong can consider providing financial support to the Middle East countries by assisting in the issuance of Islamic financial bonds to promote the development of renewable energy, and can also take the opportunity to develop Islamic finance in Hong Kong as a new financial center outside the Islamic world.
Of course, Hong Kong should not only cooperate with major countries such as Saudi Arabia and the United Arab Emirates or the above-mentioned multinational organizations and platforms, but also consider other regions with development potential and worthy of investment, such as Turkey, Azerbaijan, Morocco, etc.
This diverse collaboration will help Hong Kong expand its international presence and contribute to global sustainability in the renewable energy sector.
The author, Mr Kwong Cheuk-rui, is the Executive Director of the Hong Kong Group of Ideas, a Master of Arts from the Australian National University, and has worked at the Australian Institute of International Affairs.
The article is only the opinion of the author and does not represent the position of Hong Kong 01.
Please email us at 01view @ hk01.com.
Please attach the author ’ s real name and contact details.
If not applicable, without prior notice.

The MENA region, which receives 22-26% of the world's solar radiation, is expected to allocate 34% of its electricity investment to renewable energy by 2026.

Title:

Content: Global News
The World Today - A pivotal and promising role for the countries of the region in the transition to renewable energy
You are now following the news of a pivotal and promising role waiting for the countries of the region in the transition to renewable energy from the news section of the world and now we leave you with full details
MARCH 3, 2023 02: 16 AM - The Middle East and North Africa (MENA) region has always played a pivotal role in the oil and gas markets, but this role will not stop if the world decides to move to low-emission sources of energy.
According to APRICORP, renewable energy investments are expected to account for 34 percent of electricity investment in the Middle East and North Africa between 2022 and 2026.
According to McKinsey & Company, the Middle East and North Africa receives 22 to 26 percent of the solar radiation energy on Earth, due to its geographical location.
Solar energy is not the only thing that distinguishes the region, as countries in this region are likely to be the source of 10 to 20 percent of the global hydrogen market by 2050, according to Roland Berger.
Hydrogen is likely to generate annual revenues of $120 billion to $200 billion by 2050, and many countries in the region have already started projects to transport and export hydrogen to energy-consuming countries.
The region has about 10 percent of global carbon capture and storage capabilities.
Despite the many challenges that countries in the region must face in this regard, the Middle East and North Africa (MENA) region has the potential to play a pivotal role in the global energy transition.
The most prominent question about green finance comes in this promising region.
Nael Amin, senior director of financial services at Arthur D. Little, said on this week ’ s episode of Dot Gulf ’ s World of Energy program that green finance in the Middle East and North Africa, including green bonds, had reached $3.8 billion in 2020.
This amount, according to Amin, has grown significantly during the year 2022, specifically in 4 countries, Turkey, the Arab Emirates, Egypt and Saudi Arabia, due to the development in the region and increased investments in this sector, as well as providing some important requirements in this sector.
Amin explained that besides financing, the region is witnessing progress in many areas in terms of dealing with environmental factors, which is an attractive factor for investors.
Over the past two years, banks have significantly increased their legislation in this area, as each of the Gulf countries has implemented the necessary standards and requirements to support the business environment in the field of green energy.
There are challenges, according to Amin, the most prominent of which is the data challenge, as he pointed out that banks are approaching the activities of customers to know the necessary data on funded projects, for example, in the case of financing the construction of a building, you must know the amount of energy that will be consumed by this building.
The Gulf States are working and collaborating with each other to understand the framework that must be adopted to develop infrastructure in the field of renewable energy and promote sustainability, which will positively impact and support green investment in general in the region.
We hope that we have succeeded in conveying the full details of a pivotal and promising role that awaits the countries of the region in the transition to renewable energy.
In God ’ s care and protection.
You may also read.

The MENA region is expected to supply 10-20% of the global hydrogen market and generate $120-200 billion in annual revenues by 2050.

Green finance in MENA reached $3.8 billion in 2020 and grew significantly in Turkey, UAE, Egypt, and Saudi Arabia by 2022.

The UAE aims to achieve net zero domestic consumption by 2050, backed by a $163.5 billion investment in clean energy projects over 30 years.

Title:

Content: World Future Energy Summit to focus on providing ‘sustainability blueprint’

The three-day event will be held at the Abu Dhabi National Exhibition Centre from January 16 to January 18

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The 2023 World Future Energy Summit aims to provide a “crucial sustainability blueprint” amid a global focus on the energy transition and measures to boost investment in the renewables sector.

Energy industry leaders and policymakers from around the world will participate in the three-day event at the Abu Dhabi National Exhibition Centre from January 16 to January 18, organisers said on Wednesday.

The summit is the centrepiece of Abu Dhabi Sustainability Week, a global initiative championed by the UAE and Abu Dhabi's clean energy company Masdar to hasten sustainable development and advance economic, social, and environmental progress.

“This event has evolved just as the energy sector and our economies are transitioning,” said Suhail Al Mazrouei, Minister of Energy and Infrastructure.

“It has now morphed into the Middle East’s most important industry gathering, of which clean energy and infrastructure are key components.”

Countries in the Middle East such as the UAE, Saudi Arabia, Jordan, Oman and Egypt are boosting investment in the clean energy sector.

The UAE is investing Dh600 billion ($163.5bn) in clean and renewable energy projects over the next three decades as it aims to achieve net zero emissions by 2050.

It is building the world’s largest solar plant with a capacity of two gigawatts in Abu Dhabi's Al Dhafra region that is expected to be ready next year, as well as the Mohammed bin Rashid Solar Park in Dubai with a capacity of five gigawatts.

Saudi Arabia, the Arab world’s largest economy, also announced a number of new renewable energy projects as it seeks to become carbon neutral by 2060.

Egypt, the most populous country in the Arab world, aims to derive 42 per cent of its electricity mix from renewable sources by 2035. The North African country is hosting Cop27 next month.

“This newly transitioned event profile is in the right place at the right time, underlining a much-needed shift towards reaching our clean energy goals, as well as achieving sustainable governance and adopting consumption and [the] production of natural energy methods that ensure the quality of life for current and future generations,” Mr Al Mazrouei said.

Renewable energy investment continued to rise amid green transition efforts globally. Capital investments in renewables are set to surpass oil and gas spending for the first time in 2022 as high power prices prompt countries to further diversify their energy mix, according to a report by Rystad Energy.

Investment in renewable energy is set to hit $494bn in 2022, outstripping upstream oil and gas spending at $446bn for the year, the Oslo-based energy consultancy said this month.

In addition to the focus on energy, water, eco-waste, solar, smart cities, climate and the environment, next year's event will also preside over the launch of a dedicated hydrogen innovation centre as demand for the clean fuel picks up globally amid green transition efforts, organisers said.

The event takes place at a time when the UAE is preparing to host Cop28 next year.

Updated: October 19, 2022, 10:41 AM
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Saudi Arabia aims to be carbon neutral by 2060 and have 50% renewable energy capacity by 2030.

Title:

Content: The Guardian: The Middle East is facing a ‘ resurrection ’
And Mecca may not be livable by the end of the century.
Friday 29 October 2021 05: 27 pm / Jerusalem time + 2GMT
London / Sama /
Titled “Resurrection Soon: A Reluctant Middle East Forced to Awareness of the Climate Crisis, ” The Guardian ’ s diplomatic editor Patrick Wintour said that Hurricane Shaheen hit Oman some time ago, the first tropical cyclone to reach this point west into the Gulf.
In Basra, southern Iraq, power has been cut off frequently as a result of this summer ’ s temperature of 50 degrees Celsius, forcing residents to move in their cars to get cold.
Kuwait broke the record for the hottest day of 2016 of 53.6 degrees Celsius, and this summer temperatures were very high, with floods in Jeddah and more recently in Mecca at a time when temperatures in Saudi Arabia have increased by 2 percent and the maximum temperature of 2.5 percent since the 1980s.
Qatar is the world ’ s highest emitting country and the world ’ s largest producer of liquefied gas (LNG), and public spaces are equipped with air conditioners.
In Tehran, pollution annually kills 4,000 people a year, and in Khuzestan province, citizens have blocked streets and burned tires due to drought as a result of mismanagement, U.S. sanctions and a deadly atmosphere.
In the United Arab Emirates, the climate crisis is estimated to cost $6 billion a year, the highest in terms of health costs.
The salinity of the Gulf increased with the proliferation of desalination plants by 20%, which affected marine life and biodiversity.
Conditions are expected to worsen at a time of rising temperatures, humidity and sea levels.
Warming rates in the Middle East are twice as high as in the world.
By the end of the century, if the dangerous predictions are correct, Mecca may not be fit for life, making the Hajj season dangerous if not catastrophic.
Large swaths of the Middle East have come to resemble the Afar region of Ethiopia, a vast area without human settlement that pushes towards the Red Sea.
The glittering cities of the Gulf may face the dilemma of rising water levels themselves.
We do not speak of the day of judgment, but of the day of judgment.
Jim Crane, an energy researcher at Rice University in Houston, said: “This is really a difficult topic because the interests of the ruling elites are at odds with the interests of the citizens.
The ruling elite depends on oil resources for the survival of their regimes.
They want to keep the oil trade in order to keep them in power.
Their system is based on oil leasing, but the population ’ s ultimate interests lie in a sustainable climate. ”
Zeina Khalil Haj, founder of Greenpeace in the Middle East, believes that the region is suffering from double pressure: “With increasing demands for energy change, a region that relies on fossil energy, oil and carbon for its economic survival, but cannot continue this dependency.
There will be no oil market but with climate change, they are required to increase efforts to survive.
The extreme climate is changing people ’ s lives on a daily basis and there is no choice but to go green. ”
The West ’ s persistent appetite for fossil energy has led the region to build car-based cities, shiny skyscrapers filled with air conditioners and shopping malls.
It must look for ways to avoid self-destruction, and it must be, according to Thomas Friedman, the Prometheus moment for the Middle East and the search for creative and creative ways.
In fact, the region has been reminded for a decade that it has to make the transition from oil.
Although the moment when oil demand will reach its highest point remains controversial, and depends on a number of assumptions about regulation, technology and customer behavior, the point I mentioned is 2040, after which demand will decline.
But the International Energy Organization ’ s “Net Zero ” report sees the peak as 2050 and by comparison suggests a reduction in oil demand from 88 million barrels per day in 2020 to 72 million barrels per day by 2030, and 24 million barrels per day in 2050, a 75% decline between 2020-2050.
The report argues that the Gulf has three factors underpinning the transformation: capital, sun, and vast, empty spaces.
Until recently, the Gulf states, including Iran, did not feel the desire to shift away from fossil energy to this extent.
When asked, Saudi Oil Minister Prince Abdulaziz bin Salman said it was “a sequel to La La Land, ” meaning that the report and its writers do not know what is happening.
"If I wanted to worry about the IEA's expectations, I would be on Prozac all the time," he said.
Qatar ’ s Energy Minister Saad al-Kaabi said reducing oil and gas production levels would affect the supply process and laughed at “the enthusiasm surrounding the transition. ”
The Organization of Petroleum Producing and Exporting Countries (OPEC) forecasts that the process of oil demand will increase significantly through 2045 and the share of oil in global energy demand will fall from 30% to 28%, which is not a green revolution.
Gulf states still rely on gas and oil exports, accounting for 70 percent of goods exported from Kuwait, Qatar, Saudi Arabia and Oman.
Oil resources account for more than 70% of the total resources of Kuwait, Qatar, Oman and Bahrain.
In Vision 2030, published by Prince Mohammed bin Salman in 2016, he promised to turn the country into an important industrial hub.
World Bank figures show that Saudi Arabia relies on 75% of its oil resources for its budget.
Aramco, which is making its mark on global carbon emissions, is not diversifying at the same pace as Shell or BP.
Instead, it announced it would increase crude oil production capacity from 12 million barrels per day to 13 million barrels per day by 2027.
Haj believes that the shift away from oil may require a psychological shift from the consumer mentality, “The Gulf has not yet reached this kind of discussion.
If you see the way of life in the UAE and Qatar, it is based on inexhaustible consumption, and I fear we are still a long way from that in terms of politics and readiness. ”
Iran is the largest country in the world in terms of carbon emissions by population, followed by the UAE in second place and Saudi Arabia in 13th place.
Of course, Gulf rulers at events such as the Glasgow climate conference can defend themselves by saying that their region is not the primary source of carbon emissions, and historically, collectively, accounts for 4.7% less than carbon emissions and pollution from the United States, Europe and China.
The Middle East exports oil, but pollution is the responsibility of those who import it.
But the region ’ s leaders have come to grips with the problem not because of Western pressure but in response to citizens ’ demands, the goose has realized that the eggs, the oil, are no longer golden but brown.
The UAE is the first country to say it has moved to ratify the Paris Treaty and is the least dependent Gulf state on oil for its government resources.
Last week, she announced the “Net Zero by 2050 Initiative ” with an initial investment budget of $163 billion and appointed the Minister of Climate Change and Environment, Maryam Al Muhairi.
The announcement came after the government ordered awareness sessions in all its ministries since June for 80 days.
It was the first country in the Gulf to adopt a net zero domestic consumption policy.
The plan is still in its infancy and some of its features are unclear, but the direction is clear.
It promised to rely on renewable and nuclear energy by 50% to generate electricity by 2050.
Abu Dhabi ’ s national oil company said it would get 100 percent of its electricity from the nuclear reactor and solar power.
The Mohammed bin Maktoum Solar Park will be the largest in the world with a capacity of 5,000 megawatts.
Gulf states are competing with each other, with news reports that Qatar has appointed a climate minister, Bahrain aiming for net zero carbon by 2050 and Kuwait announcing a plan to reduce carbon emissions.
Saudi Arabia does not like to be late.
It announced that it would increase the proportion of renewable energy from 0.3% to 50% by 2030.
The plan is to plant 10 million trees in the coming decades.
Over the weekend, the kingdom organized a summit of the Green Middle East Initiative, attended by John Kerry and Britain ’ s Prince Charles.
It promised to reach net zero carbon emissions in its territory by 2060.
The main reason the Gulf states have been slow to shift away from oil and its commodities is that they have made them rich and helped them anesthetize their citizens.
Their loyalty was bought through a series of subsidies for water, electricity, fuel and tax breaks.
These dynamics were different from Iraq, Lebanon and to a lesser extent Iran, but the situation is changing with the emergence of local environmental groups.

The energy transition is expected to create new job opportunities, with estimates suggesting over 2 billion jobs worldwide.

Title:

Content: World Bank: We need to envision a way for green recovery to be able to respond to future crises
Sunday ، 13 February 2022 01: 10 PM
League of Arab States - File photo
Bishoy Ramzi
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Ayat Suleiman, Regional Director for the Middle East and North Africa at the World Bank, said that the countries of the Middle East and North Africa region have an important opportunity to accelerate the pace of adaptation to climate change and embrace a number of green solutions, otherwise there will be problems and challenges affecting public health and prosperity in the region.
"We must envision a way of green recovery in order to be able to respond to future crises," she said, noting that the pandemic has reinforced poverty in the region and has faced a number of economic crises, which have led to increased unemployment.
She congratulated Egypt for hosting the climate summit at the end of this year, and the United Arab Emirates, which will host it next year.
Ayat Soliman said that this is a good opportunity for Egypt to learn its leadership role in combating climate change, pointing out that there is evidence that climate change will exist for a long time and will affect societies.
The Mediterranean region will experience reduced rainfall, sea levels will rise at significant rates, environmental pollution will result in a loss of 3% of global GDP, and water sources will be affected by climate change, negatively impacting the ability of people and communities to respond to climate change.
She called for the adoption of a green and inclusive action plan, noting that in 2050 the population of the region is expected to double, and we need 300 million jobs to keep pace with population growth, and green development solutions provide jobs for the youth of tomorrow, stressing that the orientation to new sources of energy reduces carbon and achieves social and economic benefits.
She pointed out that the new energy could provide the world with more than 2 billion jobs in the coming years, and in Morocco, for example, the country is working over the next 30 years to create one million jobs in the field of new energy.
She explained that the shift to green technology could lead to increased crop production and less water consumption, noting that the lack of water treatment affects public health and wastes existing opportunities.
It was time to improve the experiences of women and young people and to take advantage of green technology through training.
She stressed that the comprehensive green approach will help the Middle East and North Africa to get out of the pandemic and move towards the future, noting that the World Bank launched the Green Future Program for the Middle East and North Africa.
"We are focused on transforming the economy towards a green economy," she said, noting that sustainable development, climate change and the pandemic are the most important challenges facing our region.
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The UAE's investment in renewable energy is expected to create new jobs and achieve net zero emissions by 2050.

Title:

Content: Energy transition provides opportunity to transform, diversify economy: Sultan Al Jaber

Dr Sultan bin Ahmed Al Jaber, UAE Minister of Industry and Advanced Technology and Special Envoy for Climate Change.

Globally, at least $3 trillion will be invested in renewable energy over the next ten years.

By WAM

Published: Tue 18 Jan 2022, 11:12 PM

Last updated: Tue 18 Jan 2022, 11:15 PM

The UAE sees the energy transition as an opportunity to transform and diversify the economic growth model of the country, according to Dr Sultan bin Ahmed Al Jaber, UAE Minister of Industry and Advanced Technology and Special Envoy for Climate Change.

Speaking during a virtual panel session titled ‘Projecting COP Ambitions across COP27 and COP28 and Economic Diversification Priorities Post-pandemic’ at the Abu Dhabi Sustainability Week (ADSW), Dr. Al Jaber explained how the UAE and the Middle East and North Africa (Mena) region can take advantage of the drive to climate action.

Al Jaber was speaking alongside the Alok Sharma MP, President of COP26, and Sameh Shoukry, Minister of Foreign Affairs of Egypt and President-Designate of COP27, during the session moderated by Fred Kempe, President and CEO of the Atlantic Council.

Al Jaber said, “This region has specific advantages that can accelerate the energy transition from our position as energy leaders. Firstly, as long as the world continues to rely on oil and gas we can ensure reliable supplies of the least carbon intensive oil and gas available. We are leveraging this position to further drive down the carbon intensity through expansion of the first in the region carbon capture facility.

“We are also building on our unique capabilities in hydrogen to lay the foundation for a zero carbon hydrogen market. And, as you know, the UAE has been investing in the solar and broader renewable space for the last 15 years, and we are doubling down on this investment.”

Al Jaber pointed out that globally, at least $3 trillion will be invested in renewable energy over the next ten years. He said this represents a multi-trillion dollar opportunity that the UAE, the region and its international partners can capitalise on. “In fact, this is the thinking behind our Net Zero Strategic Initiative. Net zero, for us, is about new industries, new skills and new jobs. For us, the business of tackling climate change is simply good business.”

Dr Al Jaber cited the recent strategic partnership between Abu Dhabi National Energy Company PJSC (Taqa), Mubadala Investment Company (Mubadala) and Abu Dhabi National Oil Company (Adnoc) which transformed Masdar into a global clean energy powerhouse.

He said the new Masdar has almost doubled its renewable energy capacity and the ambition is to build on this solid foundation to reach 100 gigawatts (GW). Al Jaber called for partners, in the public and private sectors, to join the UAE and Masdar in delivering these ambitious goals that will lead to new industries, new skills, new jobs and new opportunities.

Responding to a question on the outcome of COP26 (the 26th United Nations Climate Change Conference), Dr. Al Jaber noted it was a success as Glasgow united 90 per cent of the world’s economy on the path to net zero. “COP 26 also succeeded in launching many coalitions between governments and businesses to accelerate innovation. AIM for Climate, which the UAE launched with the US and 34 other countries is a good example. This is a growing coalition that directs investment to agri-tech to reduce agricultural emissions, which account for as much a third of global emissions. And critically COP26 finally reached a deal on Article 6 of the Paris Agreement, which lays the foundation for effective carbon markets. All of this creates great momentum and a great platform which Egypt and the UAE can, and will, build on.”

On COP28 which is set to take place in Abu Dhabi in 2023, Al Jaber highlighted that it will mark the first ever global stocktake that will show us how we are tracking towards the Paris goals and, critically, it will set the roadmap towards 2030 and beyond. He added that the UAE is already working closely with the UK and Egypt to continue the momentum of COP26 and went on to detail the UAE’s approach to COP28.

“We want Abu Dhabi to be where the world turn pledges into concrete results and help take commercially viable climate solutions to scale around the world. This is why we want COP 28 to be as inclusive as possible, reflecting the views of developed alongside developing countries, the public and private sectors and scientists and civil society.”

“Inclusive also means including the expertise that exists across the energy spectrum, and specifically the hydrocarbon industry, because if we want to successfully transition to the energy system of tomorrow, we cannot simply unplug from the energy system of today. We need to make the current system work more efficiently with less carbon. We should leverage expertise from across the energy sector to find the climate solutions we need,” said Al Jaber as he stressed the need to always remember that the goal is to hold back emissions, not progress. — Wam

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Egypt aims to increase its renewable energy mix to 42% by 2035 through solar and wind power development.

The energy transition is expected to drive economic diversification in the Gulf through renewable energy.

Title:

Content: Chairman of the Board of Directors and Editors
I'm sorry.
Mohamad Elbaz
Chairman of the Board of Directors and Editors
I'm sorry.
Mohamad Elbaz
Economist: Egypt is linked to 2030 strategy and will be an energy hub
Dr. Walid Jaballah, an economist, said that the Arab countries ’ increase in renewable energy capacity by 57% is a medium increase and is concentrated in Egypt, Saudi Arabia, Oman and Morocco.
During a telephone interview with Extra News, Jaballah said that these countries are taking the approach of economic diversification in the Gulf, Egypt and Morocco, while other Arab countries are still not concerned with this file and are suffering from problems related to exporting the necessary financing in order to move to the path of renewable energy.
He added that Egypt is linked to its 2030 strategy and to be a regional energy hub with real projects on the ground, where he issued a solar power plant in Biban and wind power plants on the Red Sea coast.
The expert pointed out that Egypt, Saudi Arabia, the UAE, Oman and Morocco account for more than 72% of the total renewable energy growth in the MENA region until 2027.

The Arab countries' renewable energy capacity has increased by 57%, led by Egypt, Saudi Arabia, Oman, and Morocco.

Iraq aims for 12 gigawatts of renewable energy by 2030 to help address its substantial electricity shortage.

Title:

Content: BAGHDAD/PRNewswire/ -- In a strategic move toward harnessing the untapped potential of Iraq's solar landscape, Sungrow is taking the lead in shaping the nation's green energy sector.

Iraq's Minister of Oil, Ihsan Abdul Jabbar, stressed the importance for Arab countries to prioritize high-efficiency, low-cost energy production to foster a modern economy. The country has set a target to install 12 gigawatts of renewable energy, accounting for 33% of the country's electricity by 2030.
Spearheading this initiative, Lei Wu, the Acting Chief Operating Officer of Sungrow MENA region, emphasized the significance of bringing cutting-edge technology to tackle Iraq's longstanding electricity shortage, ultimately enhancing the availability of reliable and high-quality electricity for its residents.

Urgent energy transition needs calls for international cooperation
Iraq faces a substantial electricity shortage, with nearly one-third of its supply coming from imports, including natural gas, according to Reuters.
With 8 to 10 hours of daily sunshine and an annual average of 3,000 to 3,650 hours, the region is poised for large-scale PV deployment.
Wu outlines three key avenues for PV expansion in Iraq: utility-scale power plants, commercial and industrial (C&I) installations, and residential solutions.

Iraq's $680 million fund for clean energy development supports these efforts, demonstrating the government's ambition to build a green economy and foster international cooperation aiming for this goal.

Fragile grid demands innovative solutions
As the demand for solar power grows in Iraq, Iraq emerges as a burgeoning solar market. However, the underdeveloped power grid in Iraq presents challenges that demand higher standards for both products and technologies. Solar projects operating under Iraq's weak grid, whether serving as backup power sources during outages or directly connecting to the grid, have the potential to affect the overall stability of the grid, worsening an already precarious situation.

Lei Wu emphasizes, "Tailoring our products and solutions to diverse requirements is crucial. For example, when a project requires connection to a weak grid, our focus is on providing robust grid support. This involves a seamless integration of PV and energy storage to enhance the stability and optimize consumption ratios. Alternatively, in off-grid scenarios or as a backup power source, our goal is to ensure seamless collaboration between PV and energy storage for maximum efficiency."

A weak grid signifies a low Short Circuit Ratio (SCR), making it vulnerable to grid failure or disconnection issues. Currently, the minimum SCR required by the grid is 1.5, and the lower the SCR value inverters are compatible with, the more robust the grid supports after connection.

Notably, Sungrow, leveraging its technological prowess, has developed a "1+X" modular inverter and SG350HX string inverter, passing SCR tests at 1.018 and 1.1, respectively. In terms of energy storage, Sungrow employs Stem Cell Grid technology, achieving 0ms grid connection and disconnection switching. This ongoing exploration of boundaries serves to comprehensively enhance grid support capabilities.

"We have extensive experience in the MENA region. Previously, we participated in the construction of an 800 MW solar project for the Qatar World Cup. At that time, the integration of large-scale green energy into the Qatar power grid served as a test, and with the backing of advanced Chinese technology, the project proceeded smoothly. This success has bolstered our confidence in venturing into the Iraqi market", said Wu.

Provide localized services
"Venturing into international markets" is intrinsic to Chinese PV enterprises, yet breaking new ground is far from straightforward. Operating abroad not only scrutinizes technology and products, but also the effectiveness of local sales networks, post-sales teams, and service response capabilities. For seasoned players like Sungrow, however, this challenge is effortlessly managed.

Since its establishment in 1997, Sungrow has been dedicated to renewable energy power generation. Whether considering product quality, scale, or market coverage, the company stands as a global industry leader. Up to now, in addition to its traditional strength in solar inverters, Sungrow has diversified its business portfolio to include energy storage systems, renewable energy hydrogen production systems, smart operation and maintenance, EV-charging, investment and development in renewable energy power plants, and new energy automotive driving systems, etc. Wu told the reporter, "Every enterprise may face challenges of not fitting the local conditions while exploring new markets. To overcome this, concerted efforts are necessary. Firstly, we must understand the local business environment and social culture, do thorough groundwork in advance, and avoid potential risk factors."

"Secondly, we need a strong sales and service network for timely customer response. Currently, our business reaches 150+ countries and regions, committed to addressing overseas customer needs within 48 hours.

Sungrow follows a global development strategy, with branches and sales networks in the MENA region for localized services. This enhances cooperation with local customers, aiding in expanding the Iraqi market," he added.

Wu further emphasized that, "Exploring new markets is about establishing roots. The deeper the roots, the more abundant the growth."

In the first nine months of this year, Sungrow marked a revenue of RMB 46.415 billion, surpassing the annual revenue of RMB 40.257 billion in 2022, setting a new record. As per consulting firm S&P Global Commodity Insights, Sungrow has maintained its global lead by shipping 77 GW of PV inverters in 2022. Additionally, its delivery of energy storage systems exceeded 7.7 GWh in the same year.

SOURCE Sungrow Power Supply Co., Ltd.

CONTACT: Bertha Wang, wangxiaoyu@sungrowpower.com

A $680 million fund supports clean energy development in Iraq, including innovative solar power solutions.

Morocco and Algeria target 52% and 15,000 megawatts of renewable energy by 2030 and 2035, respectively.

Title:

Content: High fuel prices force Maghreb countries to invest in solar energy
Cairo - Al Wasat Gate Sunday 13 November 2022, 10: 32 am
The sun ’ s rays are reflected on dozens of solar panels deployed in a lake in Tunisia, which, like other Maghreb countries, seek to overcome the delay in exploiting this natural source of energy available almost throughout the year, despite bureaucratic obstacles at the administrative level, but many countries have made important strides in the production of solar energy, against the backdrop of high fuel prices due to the Russian-Ukrainian crisis, and increased awareness about the importance of returning to natural resources.
Michael Tanchum, a researcher at the Middle East Institute in Washington, told AFP that "the enormous pressure on natural gas, especially in Europe, has changed the investment equations in this area," but in Algeria, Tunisia and Morocco, there are huge resources of solar and wind energy, according to Tanchum, a specialist in trade, energy and geopolitical affairs in the North African region.
A giant area for solar energy production
The region ’ s climate is mild to hot and sunshine hours are estimated to be in the thousands over the entire year, raising the possibility that the region could become a giant producer of alternative solar energy and be able to meet its own needs and even export to Europe.
Omar El Bey, director at Kier, hopes that the 200 kilowatt floating solar power plant model in the Tunisian capital, the first of its kind in North Africa, will be a catalyst for other similar projects in the region, stressing that Tunisia, which has limited resources, “has no other choice but to bet on renewable energy sources, ” as floating power plants have the natural cooling of the panels, making them more efficient. It opens the way for land to be used for“ other uses, such as agriculture or housing construction, ” according to Bey.
The most prominent example is the power plant project, which was built in the desert near Tataouine and began to benefit from it only in October, two years after its establishment, to produce 10 megawatts and provide 10,000 households with electricity, but there is still some hope, according to El-Bey, who asserts that “we have overcome all these problems today. ”
Tunisia hit by debt in energy crisis
In addition, Tunisia is heavily indebted in the context of a crisis that is worsening day by day against the backdrop of the repercussions of the COVID-19 epidemic and the war in Ukraine, which has led to an increase in its import bill of subsidized food and energy, and projects often face legal obstacles and complicated administrative procedures due to bureaucracy, says Ali El Kanzari, president of the National Syndicate Chamber for Installation and Maintenance of Photovoltaic Equipment. Sometimes they break down for a month or a month and a half at customs, we need more flexible laws and the whole path needs to be accelerated, ” he said.
Tunisia launched a more modest but similar project, and in October it applied for European assistance to build a 200-kilometer cable linking it to Italy, a project worth 800 million euros that it hopes will be operational by 2027, and if the project could be completed with a production capacity of 4-5 gigawatts in southern Tunisia, “the country could sell electricity to Europe and collect significant revenues from it and avoid delays, ” El Kanzari estimated.
Morocco is the leading country.
According to Michael Tanchum, Morocco is the only country leading in this field compared to Algeria and Tunisia, where since 2009 the Kingdom of Morocco has taken important investment steps in the field of renewable energy, setting a target of 52% of its total energy by 2030, and currently, one fifth of electricity production comes from environmentally friendly energy sources.
The Moroccan Ministry of Energy confirms that it is “reaping the benefits of its vision with 111 projects completed or under development in the field of renewable energies ”, as one of the main programs set up in the Kingdom is the X-Link project, which has a generation capacity of more than 10 gigawatts and depends on the sun and wind, which exports energy to Britain through 3,800 km of sea cables and aims to supply seven million households by 2030.
Neighboring Algeria, well aware that its gas resources will one day run out, has also set itself an ambitious target of producing 15,000 megawatts of solar power by 2035.
The first part of a 1-gigawatt megawatt (GW) project is due to start at the end of 2023 or early 2024, but Algeria currently produces only a limited 3% of its electricity from solar energy, said Intisar Faqir, head of the North Africa program at the Middle East Institute, that despite the facilitation through legislation, “there are still difficulties for foreign investment, including the Algerian bureaucracy. ”
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The UAE, Jordan, and Israel plan to develop 600 MW solar photovoltaic plants to boost clean energy and water desalination.

Title:

Content: 00: 00
Expo 2020 Dubai Today
Through a declaration of intent in the field of sustainability
UAE, Jordan and Israel to work together to tackle climate change impacts
T + T - normal size
The United Arab Emirates, the Hashemite Kingdom of Jordan and Israel signed today a declaration of intent aimed at boosting clean electricity production and water desalination by finding practical solutions to the implications of climate change and its impacts on energy and water security in the region.
In the presence of H.E. Dr. Sultan bin Ahmed Al Jaber, UAE Special Envoy for Climate Change, and John Kerry, US Presidential Special Envoy for Climate Affairs, H.E. Mariam bint Mohammed Saeed Hareb Al Muhairi, Minister of Climate Change and Environment, H.E. Mohammed Al Najjar, Minister of Water and Irrigation of Jordan, and H.E. Karen Al Harar, Minister of Energy of Israel, at the UAE Pavilion at Expo 2020 Dubai.
The Declaration of Intent includes one project consisting of two related axes: the “Green Prosperity ” program, which includes the development of solar photovoltaic plants in Jordan with a capacity of 600 MW and the full export of clean energy to Israel, and the“ Blue Prosperity ” program, which aims to develop sustainable desalination projects in Israel to supply Jordan with about 200 million cubic meters of desalinated water.
Feasibility studies for this project are scheduled to begin in 2022.
Commenting on the declaration, His Highness Sheikh Abdullah bin Zayed Al Nahyan, Minister of Foreign Affairs and International Cooperation, said: “Climate change imposes many negative consequences on the countries and societies of the Middle East.
As the UAE prepares to host COP28, this important announcement underscores the keenness of the region ’ s countries to work together to enhance energy and water security and build a more sustainable future for all. ”
His Highness added: “We are proud to contribute to the formulation of an initiative that brings Jordan and Israel together and contributes to enhancing energy, water and climate security and the common interests of both countries.
This step represents one of the fruits of the Abrahamic agreements that aim to promote regional peace, stability and prosperity, improve living conditions and open better future prospects for all peoples of the region. ”
His Excellency Dr. Sultan bin Ahmed Al Jaber said: “In line with the vision of the wise leadership, this declaration underscores the importance of finding practical solutions and opportunities for economic growth through climate action that contributes to enhancing resource security.
This step also contributes to building bridges of cooperation and promoting stability and growth in the region.
The UAE is proud to participate in this initiative, which contributes to providing fresh water to the Hashemite Kingdom of Jordan as well as helping to achieve the goals of the State of Israel in the field of clean energy. ”
He added: “This partnership represents a model of comprehensive cooperation in the field of climate action, combining fruitful political efforts, benefiting from innovation, and working in a spirit of partnership to achieve practical results that benefit the countries and peoples of the region. ”
He pointed out that the UAE ’ s hosting of the COP28 Climate Conference in 2023 confirms the country ’ s keenness to enhance joint efforts in the field of climate action and find solutions that contribute to creating opportunities for economic growth, advancing sustainable development and achieving stability and prosperity.
His Excellency Eng. Mohammed Al-Najjar, Minister of Water and Irrigation, said: “Climate change and refugee flows have exacerbated Jordan ’ s water challenges.
However, there are many opportunities for collaboration across the region that will contribute to sustainability within the sector.
Desalination is a key component of our overall water sector sustainability strategy.
We are always looking forward to exploring various ways to enhance water resources, including access to 200 million cubic meters of desalinated water within the framework of this declaration. ”
Her Excellency Karen Al-Harar, Minister of Energy, said: “The Declaration we are signing today, and its benefits, are not only important for the State of Israel and the Hashemite Kingdom of Jordan, but also for the entire region, and it sends a message to the world that countries must cooperate and join forces to combat the climate crisis.
I highly value the efforts of our partners in Jordan, the UAE and the United States to collaborate with us to develop and deploy these innovative solutions that can help the region cope with the consequences of climate change. ”
“With the different needs and capabilities of our two countries, we can integrate and help each other address challenges by adopting more sustainable, efficient and environmentally friendly approaches.
Jordan has vast areas of abundant sunlight, ideal for deploying solar panel fields and employing power generation and storage solutions, while Israel has desalination plants that can help Jordan cope with its water scarcity. ”
US Presidential Special Envoy for Climate Change John Kerry said: “The Middle East is at the forefront of the climate crisis, and countries in the region can overcome this challenge by strengthening cooperation and joint action.
Today ’ s initiative is a vivid example of the importance of cooperation and the results it can lead to in accelerating the energy transition and taking more flexible action to address the effects of climate change.
The United States highly appreciates the courageous steps and innovative efforts made by the signatory countries to reach this declaration.
We look forward to working with stakeholders, as well as with other countries in the region and the world, to turn climate challenges into opportunities to build a more prosperous future. ”
The Hashemite Kingdom of Jordan is the second most water-scarce country in the world, with an annual per capita share of renewable water resources of only 80 cubic meters, well below the limit of 500 cubic meters per capita, which reveals severe water scarcity.
Israel aims to provide 30% of its energy needs from renewable sources by 2030, up 17% from its previous target, as it looks to reach zero carbon emissions in the energy sector by 2050.
The announcement was made possible after the signing of the peace treaty between the UAE and Israel last August, which opened a new era of cooperation between the two countries.
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Jordan and Israel will cooperate on solar energy and water projects, including Israel supplying Jordan with 200 million cubic meters of desalinated water.

Palestine aims for 20% renewable energy by 2030, requiring energy storage to support solar generation.

Title:

Content: within its initiative to use renewable energy sources
Qudra organizes a training workshop on the design and operation of solar energy storage systems in Palestine
08.01.2023 03: 46 PM
WATAN: Qudra Energy Solutions, in cooperation with the Palestinian Energy and Natural Resources Authority and the Palestinian Electricity Regulatory Council, organized a training workshop on the design and operation of solar energy storage systems in Palestine.
The workshop aims to review all technical and technical requirements related to solar energy storage systems and their importance to electricity distribution companies in the context of exploiting and using renewable energy sources, which are one of the promising economic sectors.
Eng. Anan Anabtawi, Chairman of Qudra, Eng. Ayman Ismail, Assistant Chairman of the Energy Authority for Technical Affairs, Eng. Hamdi Tahboub, CEO of the Palestinian Electricity Regulatory Council, and Abdulrahman Higawi, Director of Qudra, participated in the workshop.
The three-day workshop will discuss energy storage, an introduction to battery energy storage systems, an overview of various energy storage technologies and their characteristics, including rated power capacity, power capacity and storage duration, control patterns, energy storage in small grids, the role of energy storage in improving the reliability and stability of small grids, as well as an introduction to energy storage market trends and current developments, including regulatory frameworks. Policy and finance in the region.
In his speech at the beginning of the training workshop, Eng. Anabtawi welcomed the attendees and participants, saying: “This type of solar energy storage workshop is the first workshop and experiment in Palestine in cooperation with the Energy Authority and the electricity sector regulation sector, and we are very proud to be one of the pioneers in organizing such a workshop. ”
Anabtawi added that the number of attendees and participants from the government sector and the various electricity distribution companies reflects the importance of storing energy from renewable energy sources, especially as the distribution companies form the direct relationship between the investor and the direct partners for the success of solar power plants and other projects.
In turn, Eng. Ismail explained that the importance of holding this workshop lies in helping to implement the objectives of the general strategic plan launched by the Energy Authority during 2021-2030, in order to reach 500 MW from various energy sources, equivalent to 20% of the energy consumed, stressing the need for energy storage systems to help generation systems through solar sources to cover more hours during the day, especially in areas that are witnessing large investments in the field of renewable energy such as Jericho and Tubas. And with storage systems that will help absorb more energy in these two provinces, we hope that storage systems will represent a quantum leap in the field of renewable energy.
For his part, Tahboub stressed that the renewable energy sector faces a number of obstacles and challenges, most notably that renewable energy projects cost high and recovery time is relatively long, so it is necessary to think about financing mechanisms, in addition to technical problems that limit our ability to absorb more renewable energy in the absence of network connectivity. Electricity prices have risen by up to 25%.
Haijaoui said that the training workshop organized by Qudra came from the company ’ s vision and need for solar energy storage systems, which help distribution companies to control the reduction of power cuts and improve its quality, which is reflected positively on the services provided to citizens.
Samah Al-Dasht, Director of the Technology Department at the Jerusalem District Electricity Company, praised Qudra ’ s efforts in organizing a training workshop on solar energy storage systems, due to its importance for electricity distribution companies, because renewable energy is the future on which various aspects of life will depend.
Design & Development

The region is developing a framework to support the adoption of solar energy and energy storage systems.

Banks and Gulf countries have implemented legislation and standards to support green energy and renewable infrastructure.