Featured in Best in class – 01-2020

MENA ambition

The fossil fuel rich Middle East and North Africa (MENA) region faces mounting pressure to diversify its energy mix. While solar is cheap, it faces significant sociopolitical and economic challenges.

By

pv magazine

03 Dec 2024

The MENA region’s high solar potential makes it a key player in the global clean energy market. | Photo: Earth Science and Remote Sensing Unit, NASA Johnson Space Center

The MENA region’s energy economy revolves around oil and gas, which comprise around 97% of its energy consumption. With more than 60% of government revenue dependent on hydrocarbons in some MENA nations, the region is susceptible to fossil fuel price volatility.Clean energy adoption is gaining traction, helped by sustainable development commitments and the Paris Agreement …

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