Renewables to power regional electricity generation sector to $22bn by 2022
As part of its ‘Energy Strategy 2050,’ the UAE aims to generate 44% of its electricity from renewables by the middle of the century
Renewable energy, Solar, Middle East Electricity, Tekom-Puk The GCC is likely to speed up its solar energy conversion movement in the wake of lessons learnt from the depressed oil prices of the past few years, according to an industry leader.
Turkish solar power structure supplier, Tekom-Puk, maintains the super-energised solar drive will ensure the Gulf region reaches its 2030 target of a collective 4.6GW PV in power generation to emerge as a global renewables leader. Speaking ahead of TekomPuk’s participation at Middle East Electricity 2019, the region’s power industry show, which runs at Dubai World Trade Centre (DWTC) from March 5-7 next year, Murad Saygın, the company’s General Manager said the GCC’s solar sector is now widely viewed as “highly promising” and likely to scale up further.
GCC countries have been fashioning a critical role for themselves in the global shift to renewable energy.