Renewable energy will play an increasingly important role in the
Middle East and North Africa (MENA) in the coming decades.
By 2020, up to 37 gigawatts of renewable energy are expected to
come on line in the region and investments in renewables may reach
US$50 billion. Underpinning these projections are government
initiatives with significant visions for long-term growth.
The Kingdom of Saudi Arabia has committed US$109 billion to the
development of 41 gigawatts of solar energy as part of a broader
plan to deploy 54 gigawatts of clean energy by 2032. In Morocco, a
US$9 billion solar-power project, accounting for 38 percent of
country's installed power generation by 2020, is currently
underway. Jordan has targeted 10 percent of power from renewable
sources and expects to invest up to US$2.1 billion by 2020 while
the Egyptian government will invest US$1billion in solar energy as
it looks to increase the country's share of renewables to 20
percent by 2020. Meanwhile,