While high oil prices create a positive outlook for renewables in the region, how true is the opposite? Would a downturn in oil prices significantly hinder the plans for renewable energy? Are oil prices the only factor that affects how much the countries in the region will invest?
GCC renewables market
Latest in GCC renewables market
clean energy
Transition to net-zero will require much higher clean energy capacity, stronger supply chains: report
Wind power capacity will need to increase by a factor of four, and solar photovoltaic by a factor of seven, between 2020 and 2030, experts said
clean energy
Video: How Abu Dhabi’s Masdar has built a global clean energy reputation
As Masdar celebrates its 15th anniversary, we look at how the clean energy major has a growing influence across the world
clean energy
15 years on, the global influence of Abu Dhabi’s Masdar
Today, Masdar is active in more than 30 countries and continues to expand despite Covid impact
2050 Energy Strategy UAE
French giant Engie ready to join the renewables rush in GCC
Sebastien Arbola, executive vice president in charge of thermal generation, energy supply activities and hydrogen and CEO of the business unit in charge of the Middle East, South & Central Asia, Turkey and Africa, said the company had previously found it ‘difficult’ to compete in the regional GCC renewables market