MENA solar capacity exceeds 32 GW, UAE leads growth

Egypt is ramping up its solar power generation in response to rising natural gas import costs and domestic production declines, with a recent emergency package announced to facilitate this shift. The government is looking to solar companies, like AMEA Power, which inaugurated a 500 megawatt solar array and plans to build a second 1,000 megawatt plant, to provide cheaper electricity alternatives. In the broader MENA region, solar capacity increased by 23% in 2023, reaching 32 gigawatts, and is expected to exceed 180 gigawatts by 2030, with significant contributions from major players including Saudi Arabia, the UAE, and Egypt. The Middle East Solar Industry Association's report highlights advancements in technology and local manufacturing as key drivers of this growth, enhancing efficiency and reducing reliance on imports. The UAE's initiatives, such as the Dubai Clean Energy Strategy 2050, aim for a significant increase in renewable energy contributions, further solidifying its leadership role in the solar sector. Overall, the region is poised for a transformative shift towards sustainable energy sources, addressing both economic and environmental challenges.