Egypt has achieved an electrification rate of more than 95 per cent. However, due to rapid population growth and an expanding economy, the country continues to witnesses an increase in energy demand. Given Egypt’s limited and depleting fossil fuel endowments, the country is now turning to renewable energy to meet the rising power demand.
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Investment in projects dealing with water, sanitation, transport, renewable energy and energy efficiency is essential for Mediterranean countries to meet the challenges of climate change. CAMENA encourages this investment in several ways: it facilitates project preparation and implementation; it expands the capacity and capabilities of project promoters; and it mobilises public and private-sector finance.
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The trend in the Middle East and North Africa (MENA) region has so far been towards the development of large utility-scale projects. MENA Solar and Renewable Energy Report produced by the Middle East Solar Industry Association in collaboration with Middle East Energy Dubai highlights MENA’s leading solar PV markets with a focus on trends, upcoming projects, and other major developments.
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There is growing interest in the MENA region in the adoption of clean fuels for public transport fleets. Some countries like Qatar, the United Arab Emirates (UAE), and Egypt have made clear commitments towards this goal and taken steps towards electrifying their transport sectors.
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The 400MW Dumat Al Jandal project, Saudi Arabia’s first and largest wind farm, is now linked to the grid and producing electricity, according to developers EDF Renewables and Masdar. Vestas’ V150-4.0/4.2 wind turbines, each capable of generating 4.2MW to the grid, are used in the 400MW project.
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According to the recent report by Arab Petroleum Investments Corporation, total 2021-25 MENA energy investments register a modest increase of just USD13 billion over last year’s 5-yr outlook – from USD792 billion to USD805 billion – a clear indication of the magnitude of the 2020 crisis’ impact across MENA despite the region’s relative resilience. Power sector investments in MENA are expected to continue to flourish, characterized by an accelerating shift towards renewables.
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In 2020, 821 MW of new wind power capacity was installed in Africa and the Middle East, bringing total capacity in the region to over 7 GW, which helps to avoid 10.7 million tonnes of CO2 emissions annually – equivalent to taking 2.3 million passenger cars off the road. South Africa installed 515 MW of new wind power capacity in 2020, making it the number one market for new annual installations last year as well as for cumulative installations.
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Israel’s Electricity Authority has announced the results of its 608.95 MW solar auction. Seven bidders have been awarded projects in the country’s second solar tender with the power supply tariff set at 0.1745 Israeli Shekel (~$0.054)/kWh for all projects. This was the lowest quoted tariff in the bid which is now applicable for all winning projects and was determined using the uniform price method.
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Iraq’s electricity demand is expected to double by 2030. To meet the increasing demand, the Iraqi MoE hopes to add 1 GW of renewable-based capacity every year until 2030. It also targets generating 20 per cent of its power from cleaner sources as it has huge potential for solar and wind power.
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Morocco’s non-hydroelectric renewables capacity will grow by 4.4GW over the next decade, supported by the government’s power mix diversification efforts and favourable wind and solar conditions. Progress in the sector will be driven further by factors such as hydrogen adoption, international financing and the development of interconnections with the EU.
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GE Renewable Energy has been selected by EDF Renewable Energy and and Mitsui & Co., Ltd to supply 27 of its 3.2MW-85 onshore wind turbines to build the 87 MW Taza onshore wind farm in Morocco.
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Israeli startup Ecoppia, which manufactures robotic solutions for cleaning solar panels, is weighing an initial public offering (IPO) on the Tel Aviv Stock Exchange at a company valuation that could reach as much as $500 million.
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