MENA

MENA solar demand to grow by 170%
There are currently 12.3GW of utility-scale solar contracted or under construction and a further 21GW in the pre-contract phase
$260bn investment needed to meet MENA electricity demand over the next 5 years
$152bn of investment needed to add 117GW of generating capacity, and $108 billion in transmission and distribution amid growing calls for regulatory and fiscal measures to manage rising levels of demand
UL, GCC Laboratories form JV to drive MENA renewable energy
Partnership will combine resources, knowledge and expertise to expand services to the region’s renewable energy market
Steering energy conservation in UAE
Energy saving programs are self-sustainable, as companies will have their initial investment returned relatively quickly. However, it is not as simple as just turning off the lights when they are not needed
MENA clean power investments top $8.7bn
Key investment announcements in the last quarter of 2016 included the Kuwait Fund for Arab Economic Development co-ordinating a debt financing of $115.5 million to set up a desalination plant in Egypt
MENA POU water purifiers market to reach $471mn
Future Markets Insights estimates that the Point of Use (POU) water purifier market in Middle East and North Africa is expected to reach US$ 471 Mn at a CAGR of 7.6% from 2014 to 2020

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