The Middle East, historically dependent on oil and gas, is actively pursuing energy transitions centered on solar and renewable energy to diversify energy sources, reduce emissions, and advance economic development.

Leading countries include the UAE, Saudi Arabia, Egypt, Jordan, and Oman.

The UAE has committed about $163.5 billion over 30 years to clean energy, targeting net zero emissions by 2050.

It currently operates roughly 2 GW of solar capacity at Abu Dhabi’s Al Dhafra plant and aims for 5 GW at Dubai’s Mohammed bin Rashid Al Maktoum Solar Park, the largest single-site solar park globally.

The Dubai Electricity and Water Authority (DEWA) innovates in green hydrogen, energy storage—such as a 250 MW hydroelectric plant in Hatta with 1,500 MWh capacity—and smart grids, supporting COP28 climate commitments and positioning the UAE as a regional clean energy leader .

Saudi Arabia’s Vision 2030 and National Renewable Energy Program aim for 50% renewable energy by 2030.

The notable 1.17 GW Al Kahfa Solar Power Plant and the Neom megaproject, a fully renewable, zero-carbon city, exemplify this vision.

Solar capacity in Saudi Arabia grew by roughly 23% in 2023, supported by government-backed financing and private sector engagement.

Green hydrogen production targeting export to Europe and Asia is a key strategic focus .

Egypt targets 42% renewable electricity by 2035, currently operating 1.5 GW at the Benban Solar Park and 1.1 GW wind capacity in the Gulf of Suez.

The planned 10 GW Sohag Wind Project and investments up to $10 billion by ACWA Power in renewables and desalination projects underpin growth.

Government incentives include subsidy schemes, net metering policies, and favorable residential and commercial loan programs fostering solar adoption .

Jordan promotes solar through subsidized interest-free loans of up to $28,000 for farmers and widespread residential solar support.

The Middle East, historically dependent on oil and gas, is actively pursuing energy transitions centered on solar and renewable energy to diversify energy sources, reduce emissions, and advance economic development.

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Content: People 's Network > > International
Sino-Arab green transformation cooperation is on the rise
December 8, 2022, 13: 09 | Source: Xinhua Network
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Xinhua News Agency, BEIJING, December 8 (International observation) Sino-Arab cooperation on green transformation is on the rise
Xinhua News Agency reporter Luo Guofang
China and Arab countries have different resource endowments and development paths, but they are in the key stage of green development transformation.
The pursuit of a common vision of sustainable development will push China and Argentina to move forward together in a cleaner, greener and low-carbon direction, and continuously deepen cooperation in related fields to benefit the people of China and Argentina.
Development Complementary Advantages
At present, China's development is changing from high-speed growth to high-quality development, and it is committed to energy transformation and clean development in the field of energy, and strives to build a clean, low-carbon, safe and efficient energy system.
At the same time, many Arab countries have also launched energy transformation plans in recent years, committed to the development of clean and renewable energy, and strive to reduce dependence on fossil fuels such as oil and natural gas, and promote sustainable economic development.
Saudi Arabia announced in its Vision 2030 development strategy that by 2030, the proportion of renewable energy in the country's energy mix will reach 50%.
The UAE ’ s Energy Strategy 2050 aims to increase the share of clean energy in the total energy mix to 50% by 2050.
Egypt plans to increase the share of clean energy generation to 40% by 2035.
The Arab region has one of the best solar and wind energy resource endowments in the world, and the development of clean and renewable energy has unique conditions.
According to a report released by the Global Energy Monitor in June this year, Arab countries in the Middle East and North Africa plan to add 73 gigawatts of utility-scale solar and wind capacity by 2030, more than five times the current installed capacity.
China has advanced technology and rich experience in the field of photovoltaic and wind power, and has complementary advantages with Arab countries in the field of clean and renewable energy.
Abu Dhabi Energy Director, Avida Murshid Maral, said that vigorously developing renewable energy has become a global trend, which creates a good opportunity for deepening Arab-Chinese energy cooperation.
Collaborating for a Green Transition
In recent years, China has actively expanded cooperation with Arab countries in the field of clean and renewable energy, and the two sides have jointly implemented a number of cooperation projects.
The Zafra Solar Power Station, about 35 kilometers from Abu Dhabi City, is the largest single photovoltaic power station in the world, with an installed capacity of 2 GW.
The solar power plant, which is contracted by a Chinese company, will help Abu Dhabi reduce carbon dioxide emissions by 2.4 million tons per year and play an important role in the sustainable development of the UAE's energy economy.
Saudi Arabia's Red Sea coast is creating a green new city, the project called the Red Sea New City, the future electricity supply will be 100% from clean energy.
The realization of this vision will not only rely on solar and wind energy, but also benefit from energy storage systems that can act as energy “cisterns ” and“ regulators, stabilizers ”.
The successful signing of the Red Sea New City energy storage project by Chinese enterprises will help Saudi Arabia to build a global clean energy and green economy center.
Abdullah Wadi, a researcher at the Saudi think tank Research and Knowledge Exchange Center, said that Saudi Arabia and China are committed to vigorously developing clean and renewable energy, and actively promoting relevant international cooperation, which has set a good example for the international community to work together to promote green and low-carbon development and jointly deal with various challenges and global issues facing mankind.
Helping Fishing Development
With the deepening of cooperation between China and Arab countries in clean energy, low-carbon economy and energy transition, China ’ s advanced technology in related fields has also entered Arab countries. China adheres to the concept of “teaching people to fish ” and helps Arab countries improve their independent development capabilities through multi-level cooperative research and training programs.
China and Arab countries jointly set up the China-Arab Clean Energy Training Center to jointly organize capacity-building activities in photovoltaic, solar thermal, wind power and smart grid.
China and Egypt have set up a Sino-Egyptian joint laboratory on renewable energy to carry out joint research, promote personnel training, and help Egypt strengthen scientific and technological capacity building.
Since its establishment in 2015, the China-Arab Technology Transfer Center has built eight bilateral technology transfer centers in Saudi Arabia, Jordan and other countries, forming a technology transfer cooperation network linking nearly 5,000 Chinese and foreign members.
“The development of zero-carbon and low-carbon energy technologies is of great significance.
These technologies align with our energy transition goals, make the energy industry more resilient and help us build a sustainable and peaceful future, ” said Maral.
(Editor: Jia Wenting, Liu Jieyan)
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Leading countries include the UAE, Saudi Arabia, Egypt, Jordan, and Oman.

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Content: Sunday, 24 September 2023 02: 03 GMT
2030 Arab Goal to Advance Renewable Energy Capabilities Globally
(MENAFN- Al-Bayan) $(resize) .css ('font-size', newFontSize); return false;});});
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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The UAE has committed about $163.5 billion over 30 years to clean energy, targeting net zero emissions by 2050.

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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It currently operates roughly 2 GW of solar capacity at Abu Dhabi’s Al Dhafra plant and aims for 5 GW at Dubai’s Mohammed bin Rashid Al Maktoum Solar Park, the largest single-site solar park globally.

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Content: New technologies to achieve sustainability goals and address climate change
Science and Technology
Huawei
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Existing renewable energy initiatives in the Middle East are strengthening their role in supporting international efforts to address climate change.
In particular, the region is one of the largest contributors to the oil and gas sector globally, and at the same time is the cradle of a number of major and ambitious initiatives and projects aimed at enhancing the reliance on clean energy.
In the UAE, the Mohammed bin Rashid Al Maktoum Solar Park is the world ’ s largest IPP solar site, and the Al Dhafra Solar PV Plant is being built as the world ’ s largest solar power plant with a capacity of 2 GW.
Masdar City is the most sustainable urban community in the world.
ADFD is committed to funding innovative projects to accelerate access to sustainable energy as part of a joint initiative with the International Renewable Energy Agency (IRENA).
In Saudi Arabia, Neom recently launched The Line, the world ’ s first car-free, carbon-free city with 100% renewable energy.
King Abdullah University of Science and Technology (KAUST) leads green energy projects designed to manage the recycling of grey water for reuse for plant irrigation and other purposes, and also has large area photovoltaic panels that produce clean electricity.
In Egypt, hydropower is the second source of energy after thermal, wind and solar, and the country has developed a number of future projects that seek to exploit solar energy and replace non-renewable energy.
Other green projects in Egypt include the cities of Jebel Galala and El Alamein.
The Bahrain World Trade Centre is one of the world ’ s leading examples of sustainable architecture, taking the lead in being the first skyscraper in the world to introduce wind turbines to provide total energy consumption.
Morocco, famous for its huge and world-leading solar arrays, has made a big name for itself as a leader in the fight against climate change, renewable energy makes up nearly two-fifths of the country ’ s electricity, and the country implements some of the world ’ s largest clean energy projects.
Since 2012, Jordan has turned to solar power to generate electricity and government policies have pushed citizens and investors to turn to renewable energy to reduce carbon dioxide emissions, by offering financial facilities to investors and reducing the electricity bill.
Sustainability initiatives in the Arab countries contribute effectively to building a diversified digital economy that achieves the national visions of these countries, and the green economy initiative launched by the UAE, and the Saudi Green Initiative is a good example of this.
Today, the ICT sector is increasingly playing a role in achieving sustainability through new technologies such as 5G, cloud computing and artificial intelligence that will play a key role in implementing clean energy initiatives as they enhance productivity, improve efficiency, reduce costs and waste, evaluate business systems, analyze waste, track problems and develop solutions.
The International Telecommunication Union (ITU) says ICT will contribute to achieving the UN ’ s Sustainable Development Goals and improving the quality of life.
According to the United Nations, ICT can be relied upon in two ways: reliance on clean information and communication technology, and clean energy generation based on information and communication technology.
In the first scenario, ICT solutions that contribute to environmental safety and carbon reduction are designed.
In the second scenario, ICT solutions such as those in grids, buildings, smart logistics and industrial processes help promote sustainability and energy efficiency.
The sustainability efforts of tech companies have been recognized globally, Huawei is an example of companies that have adjusted their business in line with sustainability goals, and recently received an award from the International Mobile Phone Association for their contributions to achieving the United Nations Sustainable Development Goals through mobile devices.
The company aims to rely on innovative technologies to drive clean development across various sectors and industries, and in 2021 it used more than 300 million kWh of electricity produced from renewable sources, an increase of 42.3% compared to 2020.
Huawei ’ s digital power solutions have generated 482.9 billion kilowatt-hours of clean energy and reduced electricity consumption by 14.2 billion kilowatt-hours, equivalent to 230 million tons of carbon emissions.
In parallel with efforts to promote a sustainable approach to technology, the ICT industry must not lose sight of the issue of enhanced security.
Technology providers should focus on protecting user privacy when working to provide modern, seamless technology and communications.
Certainly, we will not be able to grow the business and ensure its sustainability if we do not provide safe and reliable technologies to protect cybersecurity, which is a shared responsibility of all stakeholders involved in sustainability.
The current digital divide could isolate millions of people around the world from contributing to the development of a clean economy.
Tech companies can contribute to making technology accessible to all thanks to their technical capabilities and resources.
Through initiatives such as TECH4ALL, Huawei has relied on digital technologies to implement programs aimed at enhancing the leadership capabilities of more than 110,000 people in 2021.
The digital divide in global talent could undermine sustainability efforts, so greater emphasis should be placed on redressing it and priority should be given to strengthening collaboration between tech companies, academia and government institutions in order to bridge the digital skills gap.
By investing in programs to prepare local technical cadres, hone skills and enhance practical experience, more bridges of cooperation between the public and private sectors can be built to prepare the future generation of sustainability leaders with the help of technology.
Huawei has established 163 ICT academies in the Middle East.
More than 3,500 students participated in the Seeds for the Global Future program, while more than 37,000 students received Huawei certifications.
The company has also provided training to more than 120,000 ICT talents in the region who are expected to contribute to the advancement of sustainability in the countries of the region by making the most of technology.
In light of the increasing challenges of reducing carbon emissions facing various countries around the world, we all have a responsibility to strengthen cooperation and work together to build a sustainable and prosperous future for future generations.
By: Ammar Taba, Huawei Vice President for Public Relations and Media in the Middle East
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The Dubai Electricity and Water Authority (DEWA) innovates in green hydrogen, energy storage—such as a 250 MW hydroelectric plant in Hatta with 1,500 MWh capacity—and smart grids, supporting COP28 climate commitments and positioning the UAE as a regional clean energy leader .

Title:

Content: Green Hydrogen Project Supports UAE ’ s Leadership in Global Markets
Innovative technologies for the production of green hydrogen using clean and renewable energy are rapidly developing and progressing.
Studies show that green hydrogen production will increase by 57% annually to 5.7 million tonnes by 2030.
The UAE aims to capture a 25% share of the low-carbon hydrogen market, which is expected to be worth more than $400 billion.
The Green Hydrogen project, implemented by DEWA in collaboration with Expo 2020 Dubai and Siemens Energy at the Mohammed bin Rashid Al Maktoum Solar Park, is a key project in supporting the UAE ’ s efforts to achieve global competitiveness in the green hydrogen market.
The implementation of the project, the first of its kind in the Middle East and North Africa to produce hydrogen using solar energy, at the Mohammed bin Rashid Al Maktoum Solar Park, will contribute to achieving competitive prices in the production of green hydrogen, as the production of green hydrogen is mainly through the electrolysis of water from renewable energy.
In addition, Dubai provides clear and stimulating regulatory and legislative frameworks, encouraging the private sector, international investors and developers to participate in clean and renewable energy projects under the Independent Energy Producer (IPP) system. DEWA has attracted an estimated AED 40 billion in investments through this model, which encourages value-added partnerships between the public and private sectors.
Experts point out that the abundance of solar energy sources in Dubai and the strong banking systems in the emirate, as well as the presence of advanced infrastructure and industrial projects such as solar parks, ammonia production plants, aluminum and steel plants, in addition to attracting the best experts and specialists from all over the world, all contribute to the efforts of the UAE and Dubai to achieve energy leadership, consolidate the strength and diversification of the national economy.
Saeed Mohammed Al Tayer, Managing Director and CEO of DEWA, said that green hydrogen is one of the pillars of a sustainable future based on accelerating the transition to carbon neutrality to achieve the Dubai Clean Energy Strategy 2050 and the Dubai Carbon Neutral Strategy 2050 to provide 100% of energy production capacity from clean energy sources by 2050.
“Green Hydrogen is in line with Dubai ’ s commitment to sustainability and its strong support for energy and climate change, and supports the vision and guidance of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, to transform Dubai into a carbon-neutral economy by 2050, and DEWA ’ s strategy to diversify energy sources and increase investment by supporting innovation, research and development in energy storage technologies. ” Green hydrogen, described by some as“ the fuel of the future ”, will play an important role not only in the global energy mix, but also in mitigating the effects of global warming. The project also supports the UAE Hydrogen Roadmap, which is a key driver for future solutions to the challenges of climate change and the UAE ’ s leadership in the field of hydrogen. ”
Waleed bin Salman, Executive Vice President of Business Development and Excellence Sector at TRA, said that TRA has invited major international consulting companies to submit their proposals to develop an ambitious strategy to produce green hydrogen in order to develop the green mobility sector, reduce carbon emissions in various industries, in addition to using it in the production of electric and thermal energy, water desalination and other applications.
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Saudi Arabia’s Vision 2030 and National Renewable Energy Program aim for 50% renewable energy by 2030.

The notable 1.17 GW Al Kahfa Solar Power Plant and the Neom megaproject, a fully renewable, zero-carbon city, exemplify this vision.

Solar capacity in Saudi Arabia grew by roughly 23% in 2023, supported by government-backed financing and private sector engagement.

Green hydrogen production targeting export to Europe and Asia is a key strategic focus .

Title:

Content: MUSCAT: Renewable capacity expansion in the Middle East and North Africa (MENA) is projected to grow three-fold over the next five years (2023 – 2028), with the Sultanate of Oman ranked among the front-runners in driving this growth. According to a new report by the International Energy Agency (IEA), Oman’s renewables capacity growth is set to be the fourth largest in the region after Saudi Arabia, United Arab Emirates and Morocco.

These countries will account for the lion’s share of the 62 gigawatt (GW) increase in renewables capacity anticipated in the region by 2028, the Paris-based intergovernmental agency noted in its newly published report. “Over the next five years, the pace of growth is expected to accelerate to more than three times the previous five-year period, with solar PV making up over 85 per cent of the increase. Onshore wind and concentrated solar power also contribute,” said the IEA in its report, titled ‘Renewables 2023: Analysis and forecast to 2028’.

Driving much of this growth will be efforts by individual countries to decarbonize their electricity generation, but green hydrogen production is set to play a major role as well, according to the report. This is particularly the case in Saudi Arabia, UAE and Oman, it pointed out. “In fact, hydrogen accounts for more than 13 per cent of the region’s renewable capacity growth thanks to government policies to stimulate development for trade. Good solar resources, land availability and existing port infrastructure create favourable conditions for economically attractive renewable hydrogen to be shipped to demand centres in Europe and Asia,” the agency further stated.

Additionally, the report reaffirmed Oman’s positioning among the world’s top exporters of renewable hydrogen. It said: “By 2028, potential export countries could account for over one-fifth of hydrogen-driven renewable capacity deployment, led by Saudi Arabia, Australia, Oman and the United Arab Emirates. With the prospect of producing economically attractive renewable hydrogen to ship to potential demand centres in Europe and Asia, these countries aim to become major exporters of renewable hydrogen and hydrogen-based fuels.”

A revised Renewable Energy Plan enshrined in Oman’s 2040 Vision seeks to secure 16 per cent of electricity from renewables by 2025, rising to 30 per cent by 2030. Clean energy capacity is projected to rise to 2.6 GW by 2025 under the National Energy Master Plan. Supplementing this strategy is a commitment to embracing green hydrogen to, on the one hand, decarbonise the economy, and on the other to evolve into a major producer and exporter of renewable hydrogen. Green hydrogen output is targeted at around 1 million tonnes per annum by 2030.

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Egypt targets 42% renewable electricity by 2035, currently operating 1.5 GW at the Benban Solar Park and 1.1 GW wind capacity in the Gulf of Suez.

Title:

Content: Fossil fuels, which have powered the industrial growth and development of civilisations for centuries, are facing a looming deadline of depletion. Moreover, they have caused severe environmental and social problems, such as climate change, conflicts, and pollution. The need for alternative and sustainable energy sources is clear and urgent. However, the transition to a post-fossil fuel era is not easy or straightforward. It requires innovation, investment, cooperation, and vision.

This article explores the challenges and opportunities of global energy transformation, focusing on the dual nature of fossil fuels, the countdown to their exhaustion, and the promise of renewable energy sources. It also highlights the progress and potential of some countries in the Middle East and North Africa (MENA) region, which is one of the most dependent regions on fossil fuels in the world.

Fossil Fuels: A Double-Edged Sword

Fossil fuels, comprising oil, coal, and natural gas, are ancient energy sources that have been central to the development of various industries and sectors. They have enhanced transportation, manufacturing, agriculture, and electricity generation. They have catalysed global trade, commerce, and innovation, elevating the quality of life for millions.

However, this ascent has been coupled with profound challenges. Fossil fuels have been a source of geopolitical strife, epitomised by wars and conflicts over their control and distribution. They have also exacerbated environmental issues, such as greenhouse gas emissions, global warming, and climate change. Incidents like oil spills, gas leaks, and fracking have inflicted severe damage on ecosystems and public health.

The Countdown to Depletion

The finite and non-renewable nature of fossil fuels leaves humanity facing a daunting deadline. Predicting the exact exhaustion of these resources is a complex endeavour, influenced by reserves, consumption rates, technological advancements, and price fluctuations. Nonetheless, projections based on current data paint a concerning picture.

According to Octopus Energy, the year 2060 may mark the twilight of fossil fuels, based on current consumption and reserve estimates. In 2020, global oil production reached 91.7 million barrels per day (b/d), with key players like the United States, Saudi Arabia, and Russia at the forefront. Simultaneously, natural gas production stood at 3.94 trillion cubic meters (bcm). Although the Covid-19 pandemic temporarily curtailed production, a resurgence is anticipated. In contrast, natural gas consumption steadily rises by over 3% each year.

Should additional oil reserves remain elusive, known deposits could be depleted by 2052. The stark reality is that demand for oil has surged, nearly doubling the average annual rate observed over the preceding decade in 2018.

Toward a Sustainable Energy Paradigm

The global imperative for alternative energy sources is clear. Sustainable options, even if not entirely devoid of environmental impact, have become a linchpin of energy discussions. The quest for sustainability is no longer optional; it is fundamental to securing a prosperous future.

Embracing alternative and sustainable energy solutions is our paramount responsibility. The adverse consequences of persisting with fossil fuels are increasingly undeniable. Furthermore, incidents such as oil spills, gas leaks, and fracking have grievously scarred ecosystems and human health.

The geopolitical maelstrom surrounding fossil fuels is a testament to their strategic importance. By reducing our dependence on these finite resources, we can contribute to global stability and peace.

The Promise of Sustainable Energy

Investing in sustainable energy is not merely an ecological commitment; it is a strategic move to safeguard long-term energy security. Renewable sources like solar and wind power do not suffer the same spectre of depletion as fossil fuels, offering a reliable and sustainable energy future. Moreover, technology’s relentless march is enhancing the efficiency and cost-effectiveness of these alternatives, ensuring a seamless transition.

In this era of unprecedented global challenges, the unsustainable trajectory of fossil fuels is no longer tenable. Transitioning to renewable and sustainable energy sources is both a moral imperative and an economic necessity. As we confront the relentless march of climate change, endeavouring to secure long-term energy stability and foster global peace, embracing this transformation is our only viable path toward a sustainable and prosperous future. It is a journey we must embark upon with unwavering determination and foresight.

The MENA Region: The abundance of wisdom

The MENA region stands as an interesting case study for global energy transformation. The region is one of the most dependent regions on fossil fuels in the world. According to the World Bank, the region accounted for 36% of the global oil production and 20% of the global gas production in 2018. However, the region also faces many challenges and risks related to its reliance on fossil fuels, such as price volatility, environmental degradation, social unrest, and geopolitical conflicts.

Therefore, some countries in the region have started to prepare for the transition to a post-fossil fuel era by diversifying their economies, investing in renewable energy sources, and promoting innovation and sustainability. According to a report by the International Renewable Energy Agency (IRENA), the MENA region has a huge potential for renewable energy development, especially solar and wind power. The report estimates that the region could generate more than 60% of its total electricity from renewable sources by 2030.

Some of the countries that have made significant progress in this field are:

• UAE: The UAE has been a leader in innovation and sustainability in the region, with a vision of becoming a global hub for green economy and clean energy. The UAE has set a target of increasing its share of clean energy to 50% by 2050. The UAE has invested in various renewable energy projects, such as the Shams 1 solar thermal plant, which is one of the largest of its kind in the world, and the Mohammed bin Rashid Al Maktoum Solar Park, which is planned to be the largest single-site solar park in the world by 2030. The UAE is also home to Masdar City, which is a planned city that aims to be one of the most sustainable cities in the world. Also, UAE is one of the 10 largest oil producing countries with a proven reserves, according to BP statistical reviews, of 100 billion barrels.

• Morocco: Morocco has been a pioneer in renewable energy development in the region, with a target of achieving 52% of its electricity from renewable sources by 2030. Morocco has invested heavily in solar power projects, such as the Noor Ouarzazate complex, which is the largest concentrated solar power plant in the world. Morocco also has a strong wind power sector, with a capacity of over 1.2 gigawatts (GW) as of 2019.

• Egypt: Egypt has also been pursuing an ambitious renewable energy strategy, with a goal of reaching 42% of its electricity from renewable sources by 2035. Egypt has a large potential for solar and wind power, especially in the Sinai Peninsula and the Red Sea coast. Egypt has launched several large-scale projects, such as the Benban Solar Park, which is expected to be the largest solar photovoltaic (PV) plant in the world when completed, and the Zafarana Wind Farm, which is one of the largest wind farms in Africa.

These are some examples of countries in the MENA region that are prepared for after fossil fuels era. However, there are still many challenges and barriers that need to be overcome, such as policy and regulatory frameworks, financing and investment mechanisms, public awareness and participation, and regional cooperation and integration.

The world is at a crossroads in its energy choices. Fossil fuels have been instrumental in driving industrial growth and development, but they have also caused severe environmental problems. Their finite nature also poses a threat to long-term energy security. The need for alternative and sustainable energy sources is clear and urgent.

Renewable energy sources offer a promising solution to this challenge. They are abundant, reliable, and sustainable. They can reduce greenhouse gas emissions, mitigate climate change impacts, and foster global peace. They can also create new opportunities for economic growth, innovation, and social welfare.

— Dr Abdullah Belhaif Al Nuaimi is a former UAE minister of Infrastructure Development and for Climate Change and Environment

The planned 10 GW Sohag Wind Project and investments up to $10 billion by ACWA Power in renewables and desalination projects underpin growth.

Title:

Content: Egypt is set to receive a major boost in its renewable energy capacity, as ACWA Power, a leading Saudi Arabian energy company, announced its plans to invest $10bn in the country by 2026.

The company, which is the world’s largest private water desalination company, has already invested $2.5bn in Egypt, and has five projects in the country, all in the renewable sector.

The new investments will be used to develop solar and wind power plants, as well as water desalination projects.

The company’s CEO, Marco Arcelli, told Daily News Egypt that the company is aiming to capture a 50% share of the Egyptian renewable energy market by 2026.

Daily News Egypt interviewed Arcelli to find out more about the company’s plans, latest updates, and projects in the pipeline.

What is ACWA Power’s expansion plan strategy during 2023?

ACWA Power, a Saudi Arabian energy company, is planning to grow its footprint in renewable energy, especially in solar and wind power, in existing markets such as Saudi Arabia, Morocco, Egypt, China, and CIS/ Central Asia. The company is also exploring emerging opportunities in water desalination in water-stressed areas such as Morocco, Egypt and other North African countries. The company is working with local partners and talents, as well as Chinese EPC contractors, to develop large-scale projects at low levelised costs. The company is also the first one to step into green hydrogen, a promising clean energy source.

How much investment will ACWA Power inject into Egypt during 2023?

ACWA Power has been present in Egypt since 2015, with the aim of supporting the country’s sustainable development and economic growth by providing clean and affordable energy. The company has five projects in the country, all in the renewable sector, with a total capacity of 1.42 GW. The company is also looking into ways to cooperate with the government in water solutions, as Egypt is aiming to launch several desalination projects with a total planned capacity of 8.85 million m3/day by 2050. By 2026, ACWA Power is aiming to invest up to $10bn in Egypt, a number that could increase significantly once the company begins exploring opportunities in green hydrogen and water desalination.

What are the aspects of the company’s cooperation with the Sovereign Fund of Egypt?

ACWA Power, a Saudi Arabian energy company, has formed a strategic partnership with the Sovereign Fund of Egypt (TSFE), a state-owned entity that aims to unlock value for the nation’s industries and economy. The partnership covers various aspects, such as:

  • Renewable Energy Development: ACWA Power and TSFE collaborate on developing and implementing renewable energy projects in Egypt, such as the 1.1 GW wind energy project in the Gulf of Suez, which will provide clean energy to over a million households and reduce carbon emissions by 2.4 million tonnes annually.
  • Technology Transfer: ACWA Power brings its expertise and experience in renewable energy technologies to the partnership, supporting the development of local capacities and skills in the sector. For example, ACWA Power cooperates with Hassan Allam Holdings, an Egyptian engineering firm, in the 1.1 GW wind project.
  • Job Creation and Economic Growth: ACWA Power’s cooperation with TSFE contributes to creating employment opportunities and stimulating local economies in Egypt. The company invests up to $10bn in the country by 2026, creating thousands of direct and indirect jobs.
  • Environmental Sustainability: ACWA Power and TSFE share a commitment to environmental sustainability, promoting clean energy solutions that align with Egypt’s efforts to achieve its environmental targets. The partnership also supports Egypt’s vision of generating 42% of its electricity from renewables by 2035.
  • Long-term Partnerships: The ACWA Power-TSFE cooperation aims to establish long-term partnerships that extend beyond individual projects. By building strong relationships and fostering collaboration, both entities work towards achieving sustained energy sector development in Egypt.

With the global trend towards sustainability, what are your plans in this regard?

ACWA Power, a Saudi Arabian energy company, is committed to supporting the global trend towards sustainability by providing clean energy and innovative energy solutions. Our focus is on creating shared value by prioritising the growth and well-being of our employees, as well as making a positive impact in the communities where we operate. Our sustainability strategy includes the following goals:

  • To triple our business mostly in renewable energy, where we aim to be in the top 3 international renewables players by 2030, aligned with the Saudi Vision 2030.
  • To develop technologically advanced water desalination projects and create self-sustaining giga-cities, all powered by renewable energy sources.
  • To set a net-zero emissions target for 2050 and achieve a 50% reduction in carbon intensity across our portfolio compared to our 2020 baseline divs.
  • To initiate a training program on solar technology in Egypt, where we have more than 400 engineers and technicians that completed their studies.

What is the volume of investments directed towards sustainability in Egypt during 2023?

ACWA Power has five projects in Egypt, all in the renewable sector, with multi-billion dollar investments in solar and wind energy projects. Our Egyptian portfolio is 100% renewable, with a total capacity of 1.85 GW. The projects include:

  • Benban Solar Park, where ACWA Power operates three solar plants with a total capacity of 120 MW. The project also includes the Benban Market Renovation Project, which has improved the market’s infrastructure and supported local vendors and employment.
  • Kom Ombo Solar PV Plant, a 200 MW solar facility that will provide clean energy to more than 130,000 households and avoid over 280,000 tonnes of carbon dioxide emissions annually.
  • Suez Wind Farm, a 1.1 GW wind project that will be one of the largest in the world. The project will provide energy to over a million households and displace 2.4 million tonnes of carbon dioxide emissions annually.
  • Sohag Wind Project, a recently allocated land for a 10 GW wind energy project that will be developed in cooperation with the Sovereign Fund of Egypt.

ACWA Power’s sustainable investment approach extends beyond energy and water projects. The company embraces social responsibility by actively engaging with local communities and fostering economic development opportunities. By prioritizing local job creation and skills development, ACWA Power enhances local capacity and promotes inclusive growth. The company also contributes to the communities in which it operates by encouraging and developing local service providers, suppliers and the local workforce to stimulate national talent and assist in developing solutions that contribute to energy transition initiatives in those countries.

What are the projects to be completed during the current period in Egypt?

ACWA Power, a Saudi Arabian energy company, is working on three major renewable energy projects in Egypt, which are expected to be completed by 2026. The projects are:

  • Kom Ombo Solar PV Plant, a 200 MW solar facility that will provide clean energy to more than 130,000 households and avoid over 280,000 tonnes of carbon dioxide emissions annually. The project secured a $123m financing package earlier this year and is expected to reach commercial operations in January 2024.
  • Suez Wind Farm, a 1.1 GW wind project that will be one of the largest in the world. The project will provide energy to over a million households and displace 2.4 million tonnes of carbon dioxide emissions annually. The project is the first wind farm project by ACWA Power in Egypt and is expected to be commercially operational by the end of 2026.
  • Sohag Wind Project, a recently allocated land for a 10 GW wind project in Egypt’s Western Sohag region, which will generate about 50,000 GWh of clean energy annually, providing electricity to about 11 million households and mitigating the impact of 25.5 million tonnes of carbon emissions each year. The project will be developed in cooperation with the Sovereign Fund of Egypt.

Is there a plan to enter new markets during the coming period?

ACWA Power is keen to expand its presence and activities in new markets, especially in Asia, Africa and Europe. The company is exploring opportunities to bring its expertise, partners and investment to unlock the potential for sustainable solutions like water desalination and green hydrogen. Some of the markets that ACWA Power is interested in are:

  • China: ACWA Power recently signed MoUs with nine renowned Chinese entities, coinciding with the 1st China Arab Summit and President Xi Jinping’s state visit. These agreements lay the foundation for financing, investment, and construction of ACWA Power’s clean and renewable energy projects in Saudi Arabia and Belt and Road Initiative countries. China’s pursuit of clean energy is of immense importance – ACWA Power is exploring opportunities to support the country’s energy diversification plans through green solutions. The company also has a long-standing history and relationship with Chinese companies, where 60-70% of its partners and contractors are Chinese companies. The company is exploring water desalination opportunities in China and other countries, where it makes a good business case for its growth.
  • CIS: ACWA Power has been actively expanding its solar and wind portfolio in Central Asia/CIS, marking a significant growth in renewable energy projects within the region. The region has abundant water resources, including the Caspian Sea and the Aral Sea, which can be used for desalination. Investing in integrated water and power projects (IWPs) in the region can lead to reduced reliance on fossil fuels, improved energy security, and better access to clean drinking water. IWPs can also contribute to economic development by attracting investments, creating job opportunities, and promoting technological advancements in renewable energy and desalination. ACWA Power’s focus on solar and wind activities in Central Asia/CIS indicates significant potential for IWPs in the region. By utilising renewable resources and water bodies, ACWA Power can play a crucial role in meeting the region’s water and power needs while promoting sustainable development.
  • North Africa: ACWA Power is keen to bring its expertise, partners and investment to unlock the potential for sustainable solutions like green hydrogen and water desalination in North Africa. The company’s approach in the region is straightforward: investing in transformative projects, partnering with governments, and leveraging its expertise in renewable energy and water desalination capabilities to drive sustainable development and create long-term value for all stakeholders. For example, in Morocco, ACWA Power has been present for over a decade and has made significant investments of nearly $3.2bn. This investment has resulted in the installation of over 765 MW of renewable energy capacity. ACWA Power is committed to further investment in Morocco, with a focus on reducing tariffs and working with government partners to explore opportunities in desalination and green hydrogen technologies.

How does ACWA Power regard Egypt’s approach to green hydrogen?

ACWA Power, a Saudi Arabian energy company, regards Egypt’s approach to green hydrogen as an important step in diversifying the energy mix and reducing carbon emissions. The company appreciates Egypt’s efforts to establish partnerships and create a supportive ecosystem for the development of green hydrogen projects. The company also looks forward to collaborating with Egypt in this field, as one of the first-movers in the green hydrogen space. ACWA Power is currently developing a $5bn green hydrogen-based ammonia plant in Saudi Arabia’s Neom, and is also working with entities in countries including Oman, South Africa and South Korea, to jointly explore ways to maximise the potential of green hydrogen.

© 2022 Daily News Egypt. Provided by SyndiGate Media Inc. (Syndigate.info).

Government incentives include subsidy schemes, net metering policies, and favorable residential and commercial loan programs fostering solar adoption .

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Content: Exclusive renewable energy solutions attract the attention of Egyptian real estate developers
To avoid power outages and enhance project marketing opportunities
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Egyptian real estate developers have turned to the use of solar energy solutions in their projects to provide sustainable energy sources in projects and overcome any potential crises related to the lack of power supply or capacity of major networks, as well as adding value to projects that enhance their marketing opportunities.
Managing Director and CEO of Madinat Misr, Abdullah Salam, said that the Egyptian real estate development companies are constantly seeking to provide green solutions to their customers, given the importance of sustainability in projects to ensure adding value to projects.
He added that his company adopts a vision to develop sustainable communities, starting from the project designs and taking into account the surrounding environmental conditions, including addressing energy problems, rationalizing its use and ensuring its continuous availability, rationalizing the use of water and recycling, and recycling waste.
He explained that the company is studying all modern technological solutions for the use of renewable energy sources in the communities that develop them.
He pointed out that the launch of new technological solutions in residential urban communities is a challenge that the company is working to find solutions for now.
“While the cost of building solar panels or introducing new energy efficiency solutions increases, this will reduce the operational costs of those services in the long run compared to those of traditional energy sources, which not only increase their operating costs but rise over time due to higher prices of conventional energy, ” he said.
Use of foreign expertise
Ahmed Al-Attal, Chairman of the Group of Companies for Real Estate Development, said with Sunview, a Malaysian company specialized in sustainable alternative solutions for energy and the production of solar panels to provide solar panels in Parklane project in the New Administrative Capital and other projects of the company in West Cairo and Future City in East Cairo.
He added that the Malaysian company is currently working to open its regional office in Egypt to facilitate access to the service and under the contract will pay for the service over 10 years, in addition to its contract two years ago with Siemens to provide alternative energy solutions and digitization of its projects.
Al-Attal told Al Arabiya Business that his company complies with the requirements of the Administrative Capital for Urban Development Company, which requires that at least 60% of the roofs of buildings in the project be allocated for the installation of solar panels.
He added that "Attal" has already allocated about 80% of the roofs of buildings, whether residential or administrative, for the installation of solar panels, explaining that his company will transfer the electricity production service from solar energy to the Administrative Capital Company, which in turn will buy the service and sell it to customers, which means that real estate developers in the New Administrative Capital project will not sell electricity themselves.
He stressed that the company will generalize this experience in its other projects in various regions, where electricity will be produced from solar energy and sold directly to customers, and will be paid for the service through the maintenance differences paid by the customer.
Top Developer Initiatives
Sebastian Reyes, president of Schneider Egypt, North Africa and the Levant, said that the Egyptian real estate sector is witnessing a very large growth during the current period.
“We have a number of discussions with many major real estate developers, and we also have a strong partnership with most real estate developers such as Talaat Mustafa, Al-Ahly Sabbour Development, Tatweer Misr, Landmark Sabbour Real Estate Development, Misr Italia, Paragon and others, ” he added.
Reyes stressed that all these developers expressed their desire to create sustainable urban communities, move to digitization in the management of energy resources and use modern technology to rationalize the use of energy, to preserve the value of the property and build a sustainable future for their customers.
Reyes explained that Schneider Egypt has a large and extended partnership with the Administrative Capital Company for Urban Development, noting that they are holding open discussions all the time with the company to deliver more sustainability in the city by offering rational and clean energy solutions.
Government incentives
Romany Hakim, chairman of the board of directors of Benchetti Solar Energy and vice chairman of the Energy Development Association (SIDA), said that Egyptian real estate developers have been studying for years the use of solar panels in electricity production, however, no actual proposals have yet been put forward to sell the units as green homes based on alternative energy.
He added that companies specialized in the production of renewable energy have made several offers to real estate developers to exploit the empty spaces on the roofs of unutilized residential buildings.
He said that some real estate companies have been forced to use this technology in public spaces within residential complexes without applying it to the residential units themselves.
He pointed out that real estate developers need to be incentivized by the state to provide facilities for the installation of solar panels in residential buildings and must have a clear marketing plan to sell these units, while explaining their benefits to customers in terms of sustainability and rationalization of energy use, which contributes to reducing operational expenses for customers.
Hakeem pointed out that the solar panel industry in Egypt is currently witnessing significant growth, despite some obstacles that private sector companies seek to overcome.
He explained that the situation is much better than before, but there is a need for the support of the state and customers, in addition to providing clear and serious incentives for them to take the initiative.
Hakeem stressed the need for full cooperation between the ministries of electricity, finance and petroleum to solve the problems facing the new and renewable energy sector, pointing out that the cost of producing kilowatts of electricity with solar energy is much cheaper than producing it using natural gas, which contributes to providing natural gas more to the industrial sector.
He also called for incentives for developers to use solar panels in homes in undeveloped areas, tax incentives such as tax relief, reduced property taxes or electricity subsidies for developers, and mandatory rules for installing solar energy in buildings before projects are approved.
Cost reduction
Hakim revealed that one kilowatt of solar energy can save about 5-6 kilowatts / day, equivalent to 1800 kilowatts / hour per year, and in some areas up to 2000 kilowatts / hour per year, at a cost of about 20,000 pounds per kilowatt.
According to estimates by Intersolar Egypt, a specialist in the field of solar energy in Egypt and the Middle East, the estimated cost of solar panels to produce one kilowatt in Egypt is about $1,000 and requires an area of 8 square meters on the ground.
Government initiatives for individuals
The Egyptian government announced last year the “Egypt Solar Platform ” initiative to facilitate the installation of solar panels for homes and companies to stimulate the reduction of consumption of traditional sources of energy and increase reliance on new and renewable sources of energy to reach 42% renewable energy participation by 2030.
The platform provides guidance on the installation of solar cells, the costs involved, the capacity required and the required documentation, as well as lists of qualified companies for the installation of these cells, and facilitates communication between customers and the installation companies and electricity distribution.
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Jordan promotes solar through subsidized interest-free loans of up to $28,000 for farmers and widespread residential solar support.

Title:

Content: Among them Iraq.
5 Arab Countries Leading Solar Energy Support Programs
2023-11-07 | 02: 22
Alsumaria News – Economy
Solar subsidy and loan programs in Arab countries continue at a time when the need for alternative energy sources is acute, as the effects of climate change intensify, and the global energy crisis that began with the Russian invasion of Ukraine on February 24, 2022 intensifies.
Solar energy in Iraq, Jordan, Lebanon, Egypt and Kuwait receives official support, either through direct legislation approved by the parliaments of these countries, or through loans made available by government and official banks there, or through national and national projects provided by the ministries of energy and electricity, according to the specialized energy platform.
In the coming years, support for solar energy in Arab countries is expected to gain momentum, with many declaring their commitment to achieving carbon neutrality by mid-century and plans to increase the contribution of renewable energy to their electricity mix by 2050.
* Support for solar energy in Jordan
The most prominent support received by solar energy in the Arab countries is that provided by Jordan, through a range of programs supervised by the Ministry of Energy and Mineral Resources, as the solar loan project in Jordan witnessed a new step on Sunday, October 29, as part of efforts to motivate citizens to adopt clean energy.
The Agricultural Credit Corporation signed an agreement with the Renewable Energy Promotion Fund to support the second phase of the program to install solar cell systems for farmers to cover the interest on the loans, according to a press release.
* Solar Loans in Jordan
The Minister of Agriculture and Chairman of the Agricultural Lending Corporation, Khalid Al-Hanifat, said that the agreement will reduce the cost of production for farmers, as it targets all animal and plant agricultural activities, as it covers beneficiaries with a ceiling of 20 thousand dinars (28.1 thousand US dollars) without interest.
At the same time, Jordan is preparing for the third phase of the strongest support program witnessed by solar energy in the Arab countries, the installation of solar cells in homes, the second phase of which ended in July 2023, according to information monitored by the specialized energy platform.
This program aims to support the use of solar energy in Jordanian homes, as well as the installation of solar heaters, which will reduce the cost of electricity for citizens, while reducing the energy import bill for the state.
* Solar Loans in Lebanon
As part of the efforts to support solar energy in the Arab countries, the Lebanese effort, which aims to alleviate the energy crisis, is highlighted through an important program to grant solar energy loans, which are an appropriate and sustainable solution to overcome the energy threat, as described by the Lebanese government a year ago.
The installation of solar energy in the homes of Lebanese will solve the crisis of high electricity bills, as these loans are provided to the low- and middle-income by the initiative "Loans to the low- and middle-income", in cooperation with the Lebanese Center for Energy Conservation.
Loans for the installation of solar energy systems and plants in Lebanon range from 75 million to 200 million liras ($2,590 to $6,900) per person, up to a maximum of 80% of the project cost, and at an interest rate of 4.99% per annum, depending on the specialized energy platform.
* Information on Solar Loans in Lebanon
It is noteworthy that the solar energy market in the Arab countries is witnessing increasing growth, especially in Lebanon, which, despite its major crisis, witnessed during 2020 about 313 projects authorized, with a capacity of 14 MW, before this number increased, and the country records 662 applications for the installation of solar plants, during the period from October 2021 to March 2022.
According to the Lebanese Center for Energy Conservation, the installation of solar power plants in Lebanese homes will save citizens the value of high bills, which makes them able to save the value of the loan within two to three years, especially since the repayment is limited to paper lira only.
Solar energy in Egypt
In August 2023, the Committee on Energy and Environment in the Egyptian House of Representatives set a number of rules to increase the number of small household units to consume electricity from solar energy, as part of its recommendations on the Economic and Social Development Plan for 2023-2024.
The Committee stressed the need to develop alternative renewable sources of energy, to take action to mitigate and adapt to climate change and its consequences, while working to reduce greenhouse gas emissions, and to accelerate the transition to low-carbon vehicles.
Solar energy in Egypt
Prior to these directives, Egypt witnessed one of the strongest solar energy subsidy programs in the Arab countries, with four banks, including government banks, providing loans of large amounts to support the installation of solar energy systems and their stations for homes, through various repayment programs.
HSBC Egypt, one of the largest solar loans in the Arab world, is offering EGP 2 million ($64,675) with a repayment period of about seven years, while QNB is offering a loan of EGP 400,000 ($12,930) for seven years.
Misr State Bank also offers a financing program worth up to EGP 500,000 ($16,168) and a repayment period of up to 10 years, while the Commercial International Bank (CIB) offers a loan worth EGP 350,000 ($11,300) with a repayment period of 5 years.
* Solar energy in Kuwait
As the State of Kuwait prepares to complete new phases of the Shaqaya CSP project, the State continues to encourage citizens to use solar energy in their homes, as part of its drive to achieve carbon neutrality and reduce emissions by mid-century.
The State of Kuwait adopts a unique approach that distinguishes it from all consumers of solar energy in the Arab countries, as it encourages citizens to sell electricity in excess of their consumption to the government, generated from solar panels installed on rooftops.
* Solar energy in Kuwait
According to an analysis by Mordor Intelligence, seen by the specialized energy platform, the solar energy market in Kuwait is expected to register a compound annual growth rate of more than 7%, especially as this market is achieving a significant recovery, despite the damage caused by the outbreak of the Coronavirus three years ago.
Despite this, Kuwait ’ s solar market is not growing in line with expectations, as initial spending is large, and there is a lack of multiple government programs during the forecast period, but over time internal subsidies continue, leaving the country with the most important solar projects in the Arab countries.
At the same time, the Kuwaiti government is working to provide solar energy to citizens by building huge power plants from an inexhaustible renewable source, especially as Kuwait enjoys a very high brightness, which qualifies it to enter this market from its widest doors.
Iraq to finance solar installation
As Iraq faces one of the difficult electricity crises, caused by the lack of Iranian gas supplies, and seeks alternative sources, both external (such as Qatari gas) and internal (such as the tendency to burn gas associated with electricity generation), Baghdad continues to provide one of the most important forms of solar energy subsidies in Arab countries.
In January 2022, the Central Bank of Iraq issued controls to finance electricity generation systems from renewable energy, as the governor of the bank signed the first circular that allows citizens and institutions to buy systems and power plants from solar energy.
Solar energy in Iraq
This initiative is in line with the State ’ s commitment to the decisions of the Paris Climate Conference, as the interest on loans provided to citizens to install solar power plants did not exceed 1%.
While the value of loans ranged between 7 million Iraqi dinars (4 thousand and 800 dollars) for stations 3 kilowatt hours, and one billion dinars (685 thousand dollars) for large projects in residential squares, according to the website of the Central Bank of Iraq.
Source: Energy Platform
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