The capacity of photovoltaic plants installed in the Middle East and North Africa (MENA) region has almost quadrupled in 2018 compared to the previous year. According to Ecofin news agency, 3.6 GW of photovoltaic contracts have been awarded last year against 1 GW in 2017. The MENA region is seeing a renewable energy boom thanks to favorable demand, resources and policies in recent years. While photovoltaic and wind are enjoying remarkable growth rates in most renewable markets worldwide, the MENA region is unusual in that it also favors development of concentrated solar power (CSP). As of September 2018, the total value of MENA power projects is estimated to be worth $ 6.2 Bn.

Source: The North Africa Journal January 24, 2019 14:15 UTC