‘Middle East and North Africa could be green by 2030’

The Middle East and North Africa’s (MENA) energy systems could rely primarily on renewables by 2030. That’s according to researchers from the Lappeenranta University of Technology (LUT) in Finland, who have shown major oil producing countries in the MENA region could turn their abundant renewable energy resources into lucrative business opportunities in less than two decades. The study suggests a fully renewable […]

Middle East and North Africa to receive £1.5bn climate funding per year

The Middle East and North Africa (MENA) region is to receive a climate funding worth $1.5 billion (£1.2bn) per year until 2020. The funding from the World Bank, which was announced at COP22, will help countries tackle the threats of climate change. It is part of the MENA Climate Action Plan which is focused on food […]

$25m to boost renewables in MENA region

A member of the World Bank Group is investing $25 million (£15.75M) to boost renewable energy in the Middle East and North Africa (MENA). The cash, provided by the International Finance Corporation (IFC), will be used by Alcazar Energy to develop solar and wind power plants in the Middle East, Turkey and Africa. The rapid growth […]

North Africa “too risky” for oil exploration

The current risks involved with drilling for oil in North Africa are not worth the rewards. That’s the claim made yesterday by Jean-Daniel Blasco, Vice President for North Africa at Total. Speaking at the International Petroleum Week conference, Mr Blasco said the problem of security has a strong impact on planning cost and revenue. He […]

Middle East solar markets could hit 3.5GW by 2015

Saudi Arabia and Turkey could lead the solar market in the Middle East and North Africa (MENA) region, with the prediction of hitting nearly 3.5GW by 2015. That’s according to a study by GTM Research in collaboration with the Emirates Solar Industry Association (ESIA), which forecasted the annual solar market in MENA countries could represent […]

IEA: Energy policies can strengthen Middle East economy

Energy policies can strengthen economies of the Middle East and North Africa and help the regions make the best use of fossil fuels and renewable resources. That’s the view of the International Energy Agency (IEA), which is offering its “experience and knowledge” to help the regions tap energy efficiency and renewable energy for economic and […]

Morocco in $9bn solar switch

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