How big is the energy storage field in the Middle East

Is the Middle East the fastest growing region outside China?

According to the International Renewable Energy Agency (Irena), the Middle East has less than 1 per cent of the world’s renewable capacity. But from a low base, it is also the fastest-growing region outside China, in terms of adding capacity. With a series of huge projects, the Gulf is rapidly changing its energy mix.

Will Saudi Arabia be able to generate 50 percent of its electricity?

Saudi Arabia, for example, targets to generate 50 per cent of its electricity from renewables by 2030, requiring it to install 130GW of renewables in just a few years, enough to power about 25mn homes. “They will have to ramp up their efforts quite substantially,” said Vollset. “2030 is quite soon.

Will the United Arab Emirates install more solar panels a year?

Until this month, the oil-rich United Arab Emirates had modest ambitions when it came to renewable energy: to install roughly as many solar panels each year as the UK. But then Masdar, the country’s state-owned renewable energy company, decided to make a splash at a huge trade fair in Abu Dhabi.

Will Saudi Aramco's new solar project become a giant leap?

“It is a first step that could become a giant leap.” As the UAE was revealing its new solar project, Saudi Aramco, the world’s largest oil company, announced a joint venture that would start producing lithium, a key ingredient for batteries, as early as 2027.