Tag: mena

Growing Cost-Competitiveness of Green Hydrogen in MENA

Growing Cost-Competitiveness of Green Hydrogen in MENA

November 20, 2023 |

Gas-rich regions like the Middle East are strategically positioning themselves to leverage their natural advantages by venturing into the hydrogen market, targeting markets in Europe and Asia. Recent geopolitical developments, particularly the Ukraine conflict, have also unleashed a profound impact on gas prices globally. This has elevated the opportunity cost associated with producing blue hydrogen, whose production is tethered to gas pricing, amplifying the significance of pricing dynamics in the equation.

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Renewable Energy Policy and Regulatory Framework in Arab States

Renewable Energy Policy and Regulatory Framework in Arab States

October 9, 2023 |

For the policy framework category, some changes are noticed in the Arab countries renewable energy targets. For market structure, strong development and shift of powers are seen in the utility supply area. Several mega scale and even giga scale projects are under development and construction. The gulf area leads these developments especially in Kuwait, Oman, Qatar, Saudi Arabia, and UAE. In north Africa, the development is led by Egypt, Morocco, and Tunisia.

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Climate Action in the Middle East and North Africa

Climate Action in the Middle East and North Africa

November 25, 2021 | ,

Investment in projects dealing with water, sanitation, transport, renewable energy and energy efficiency is essential for Mediterranean countries to meet the challenges of climate change. CAMENA encourages this investment in several ways: it facilitates project preparation and implementation; it expands the capacity and capabilities of project promoters; and it mobilises public and private-sector finance.

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MENA Solar and Renewable Energy Report

MENA Solar and Renewable Energy Report

September 28, 2021 | ,

The trend in the Middle East and North Africa (MENA) region has so far been towards the development of large utility-scale projects. MENA Solar and Renewable Energy Report produced by the Middle East Solar Industry Association in collaboration with Middle East Energy Dubai highlights MENA’s leading solar PV markets with a focus on trends, upcoming projects, and other major developments.

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EDF and Masdar commission the first wind farm in Saudi Arabia

EDF and Masdar commission the first wind farm in Saudi Arabia

August 10, 2021 |

The 400MW Dumat Al Jandal project, Saudi Arabia’s first and largest wind farm, is now linked to the grid and producing electricity, according to developers EDF Renewables and Masdar. Vestas’ V150-4.0/4.2 wind turbines, each capable of generating 4.2MW to the grid, are used in the 400MW project.

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Mena Energy Investment Outlook 2021-2025: Overcoming the Pandemic

Mena Energy Investment Outlook 2021-2025: Overcoming the Pandemic

May 20, 2021 | ,

According to the recent report by Arab Petroleum Investments Corporation, total 2021-25 MENA energy investments register a modest increase of just USD13 billion over last year’s 5-yr outlook – from USD792 billion to USD805 billion – a clear indication of the magnitude of the 2020 crisis’ impact across MENA despite the region’s relative resilience. Power sector investments in MENA are expected to continue to flourish, characterized by an accelerating shift towards renewables.

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Africa is only tapping into 0.01% of its wind power potential: GWEC

Africa is only tapping into 0.01% of its wind power potential: GWEC

March 8, 2021 |

In 2020, 821 MW of new wind power capacity was installed in Africa and the Middle East, bringing total capacity in the region to over 7 GW, which helps to avoid 10.7 million tonnes of CO2 emissions annually – equivalent to taking 2.3 million passenger cars off the road. South Africa installed 515 MW of new wind power capacity in 2020, making it the number one market for new annual installations last year as well as for cumulative installations.

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Seven bidders emerge as winners in Israel’s 608 MW solar auction

Seven bidders emerge as winners in Israel’s 608 MW solar auction

January 6, 2021 |

Israel’s Electricity Authority has announced the results of its 608.95 MW solar auction. Seven bidders have been awarded projects in the country’s second solar tender with the power supply tariff set at 0.1745 Israeli Shekel (~$0.054)/kWh for all projects. This was the lowest quoted tariff in the bid which is now applicable for all winning projects and was determined using the uniform price method.

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