MENA Renewable Energy Capacity Hits 30 GW in 2024
POWER & RENEWABLE ENERGY

MENA Renewable Energy Capacity Hits 30 GW in 2024

Renewable energy installations in the Middle East and North Africa (MENA) region reached 30.3 GW by the end of 2024, reflecting a 119% growth since 2020, according to the Renewables, Hydrogen, and Energy Storage Insights 2030 report by Dii Desert Energy. The United Arab Emirates (UAE) led the region with 6.3 GW, followed by Egypt at 4.6 GW and Saudi Arabia at 4.5 GW, with the Mohammed bin Rashid Al Maktoum Solar Park playing a major role in the UAE’s capacity. 

Solar power dominates 
MENA’s solar power capacity stood at 22.3 GW, with the UAE contributing 5 GW, including the 1.5 GW Mohammed bin Rashid Al Maktoum Solar Park and the 2 GW Al Dhafra project in Abu Dhabi — one of the world’s largest single-site solar installations. Industrial and commercial rooftop solar installations are expected to cross 600 MW by the end of 2024. Saudi Arabia leads ongoing solar development with large-scale projects like the 2,030 MW Al Shuaiba 2, while Oman plans to commission its 500 MW Manah 1 and 2 projects in 2025. 

Wind power expansion 
MENA’s wind power capacity reached 6.2 GW, with Egypt and Morocco each contributing over 2 GW. The UAE added 100 MW across four sites in 2023. Around 15 GW of wind projects are under development, including a 10 GW project in Egypt by UAE-based Masdar. 

Hydrogen projects surge 
The region saw a sharp increase in hydrogen projects, rising from 75 in 2023 to 117 in 2024, with 90% focused on green hydrogen. Egypt leads with 29 projects, and the region’s planned electrolyser capacity is set between 200 GW and 230 GW, with commissioning expected beyond 2030. 

Energy storage gains momentum 
MENA currently has nine operational energy storage projects totalling 13,000 MWh, mostly using battery energy storage systems (BESS). Eleven more projects, including two pumped hydro storage systems, will add 16,750 MWh. Saudi Arabia’s 500 MW/2,000 MWh Bisha BESS project was commissioned in January 2025, with more projects under tender across Saudi Arabia, the UAE, and Morocco, targeting a combined 25,000 MWh. 

2030 outlook 
The region’s renewable energy target for 2030 is set at 236 GW, with projections indicating 131 GW in a conservative scenario, 165 GW in a balanced scenario, and 290 GW in an optimistic scenario. Solar PV targets 115 GW, with the current project pipeline at 75 GW, while onshore wind aims for 75 GW, including two 10 GW mega projects in Egypt. 

Saudi Arabia is expected to contribute nearly half of the MENA target, with 100–130 GW of renewable capacity and a 45–50% share in the energy mix. Oman aims for 30% renewable capacity (3.8 GW) by 2028, and Egypt targets 45 GW of renewables, including 28 GW from wind by 2030. 

The region also aims to produce 10 million tons of green hydrogen annually by 2030, requiring an additional 128 GW of renewable energy capacity. With more than 110 hydrogen projects announced, MENA’s total renewable energy requirement for these projects exceeds 450 GW, though most completions are slated beyond 2030. 

In 2024, TotalEnergies and Aljomaih Energy & Water Company secured a 25-year power purchase agreement with the Saudi Power Procurement Company for the 300 MW Rabigh 2 solar project in Saudi Arabia, reflecting continued investment in the region’s renewable future. 

(Mercom)      

Renewable energy installations in the Middle East and North Africa (MENA) region reached 30.3 GW by the end of 2024, reflecting a 119% growth since 2020, according to the Renewables, Hydrogen, and Energy Storage Insights 2030 report by Dii Desert Energy. The United Arab Emirates (UAE) led the region with 6.3 GW, followed by Egypt at 4.6 GW and Saudi Arabia at 4.5 GW, with the Mohammed bin Rashid Al Maktoum Solar Park playing a major role in the UAE’s capacity. Solar power dominates MENA’s solar power capacity stood at 22.3 GW, with the UAE contributing 5 GW, including the 1.5 GW Mohammed bin Rashid Al Maktoum Solar Park and the 2 GW Al Dhafra project in Abu Dhabi — one of the world’s largest single-site solar installations. Industrial and commercial rooftop solar installations are expected to cross 600 MW by the end of 2024. Saudi Arabia leads ongoing solar development with large-scale projects like the 2,030 MW Al Shuaiba 2, while Oman plans to commission its 500 MW Manah 1 and 2 projects in 2025. Wind power expansion MENA’s wind power capacity reached 6.2 GW, with Egypt and Morocco each contributing over 2 GW. The UAE added 100 MW across four sites in 2023. Around 15 GW of wind projects are under development, including a 10 GW project in Egypt by UAE-based Masdar. Hydrogen projects surge The region saw a sharp increase in hydrogen projects, rising from 75 in 2023 to 117 in 2024, with 90% focused on green hydrogen. Egypt leads with 29 projects, and the region’s planned electrolyser capacity is set between 200 GW and 230 GW, with commissioning expected beyond 2030. Energy storage gains momentum MENA currently has nine operational energy storage projects totalling 13,000 MWh, mostly using battery energy storage systems (BESS). Eleven more projects, including two pumped hydro storage systems, will add 16,750 MWh. Saudi Arabia’s 500 MW/2,000 MWh Bisha BESS project was commissioned in January 2025, with more projects under tender across Saudi Arabia, the UAE, and Morocco, targeting a combined 25,000 MWh. 2030 outlook The region’s renewable energy target for 2030 is set at 236 GW, with projections indicating 131 GW in a conservative scenario, 165 GW in a balanced scenario, and 290 GW in an optimistic scenario. Solar PV targets 115 GW, with the current project pipeline at 75 GW, while onshore wind aims for 75 GW, including two 10 GW mega projects in Egypt. Saudi Arabia is expected to contribute nearly half of the MENA target, with 100–130 GW of renewable capacity and a 45–50% share in the energy mix. Oman aims for 30% renewable capacity (3.8 GW) by 2028, and Egypt targets 45 GW of renewables, including 28 GW from wind by 2030. The region also aims to produce 10 million tons of green hydrogen annually by 2030, requiring an additional 128 GW of renewable energy capacity. With more than 110 hydrogen projects announced, MENA’s total renewable energy requirement for these projects exceeds 450 GW, though most completions are slated beyond 2030. In 2024, TotalEnergies and Aljomaih Energy & Water Company secured a 25-year power purchase agreement with the Saudi Power Procurement Company for the 300 MW Rabigh 2 solar project in Saudi Arabia, reflecting continued investment in the region’s renewable future. (Mercom)      

Next Story
Infrastructure Urban

Panasonic Showcases Connected Display Solutions

Panasonic Life Solutions India showcased its integrated display, projection, broadcast and communication technologies at Panasonic Tech Summit 2026 in New Delhi. Hosted through its System Solutions Division, the two-day event highlighted connected technology solutions for education, healthcare, retail, transportation, corporate offices and entertainment.The summit, themed ‘Turning Technology into Value’, featured experience-led zones covering QSR, retail, transit, corporate offices, healthcare, education, security, projection, home theatre and professional displays. Panasonic also introduc..

Next Story
Infrastructure Transport

Kapsch to Deliver India’s First C-ITS Project

"Kapsch TrafficCom will deliver India’s first Cooperative Intelligent Transport Systems project on a key expressway near New Delhi. The project will be implemented with Superwave Communication And Infrasolution Limited to demonstrate how connected mobility can improve road safety and traffic efficiency.The pilot will use real-time connectivity and AI-enabled situational awareness to support road users, especially in high-risk areas such as temporary work zones. Drivers will receive alerts on roadworks, maintenance vehicles, hazardous locations, traffic queues and temporary virtual signage di..

Next Story
Infrastructure Urban

Eurobond Net Profit Rises 44 Per Cent

Euro Panel Products, the parent company of Eurobond, reported a 44.13 per cent year-on-year rise in net profit for FY25–26. The company’s revenue from operations grew 18.91 per cent to Rs 503.20 crore, compared to Rs 423.18 crore in the previous financial year.The company’s full-year EBITDA stood at Rs 56.67 crore, marking a 31.82 per cent increase. Profit after tax rose to Rs 26.56 crore, while net worth increased 20.15 per cent to Rs 160.07 crore. Earnings per share for the year stood at Rs 10.84.Divyam Rajesh Shah, Whole Time Director and CFO, Euro Panel Products, said the company’s..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

-->