Africa & Middle East

IRENA has found that the world’s renewable power capacity will need to increase by 16.4%, year-on-year, to meet the world’s climate targets.

Indian EPC firm Larsen & Toubro has secured contracts to build two solar PV plants in the Middle East with a combined capacity of 3.5GW.

French renewable energy company Voltalia has signed a framework agreement to develop over 2.5GW of solar PV and wind capacity in Egypt to support green hydrogen production.

The Saudi Power Procurement Company has signed PPAs with three companies for solar projects with a combined capacity of 5.5GW.

Saudi Arabia has launched a geographical survey project to identify suitable sites for renewables projects across the nation.

"Asset owners may face costs not only for the damage to the affected asset, but also for any damage to the nearby asset if the fire spreads."

Cost and risk factors can make countries facing energy access issues the most difficult for developers to build solar projects, despite their huge potential. Tom Kenning reports on two plug-and-play solutions that may provide a solution in off-grid locations.

The US has yet again been named the most attractive market for renewables investment and deployment opportunities, according to EY.

Solar PV is expected to generate 20% of global power across midday peaks on the summer solstice in the northern hemisphere, up from 16% in 2023.

Global grid capacity needs to grow 2.5 times its current size, and annual expenditure on grids must more than double to US$970 billion by 2050, according to a new report from DNV.