The renewable energy sector in Middle East and North African Regions (MENA) is progressing rapidly as countries are continuously unveiling projects to maximize its prosperous energy sources for economic growth and energy expansion.
Director of Informa Energy Group said that by 2015, solar plants in MENA powered by photovoltaic and solar thermal technology are set to produce 3.5 gigawatts (GW).
She is referring to the MENA Outlook 2013-2017 report published by US-based Greentech Media (GTM) Research, which forecast that by 2017, the solar energy is anticipated to surpass a total output of 10GW in the region.
Since April 2013, there more than a hundred sustainable power source extends in the pipeline in the area, totalling over 7.5 gigawatts of new electric age limit. This is notwithstanding 10 noteworthy ventures set to proceed in the Kuwait, UAE, Oman, Jordan, Egypt, and Morocco.”
Turkey and Saudi Arabi will be the main source to supply the major demand for solar energy with the last driving the route towards the area’s first gigawatt scale sun powered market by 2015. An expanding number of nations in the Middle East are quick to put resources into the area’s flourishing sun based industry and with sustainable power sources in plenitude – especially sun powered power – the locale is steadily tapping these assets to prepare for another market.”
Because of a mix of high sunlight based light, rising power costs and an expanding populace all through the district, Mathews said that the sun based scene in the locale is set to blast and that the second release of Solar Middle East, which will happen on February 11-13, 2014 at the Dubai International Exhibition Center, will expect to oblige this development.