The MENA renewable energy market will reach USD59.9 bn in 2030 driven by hydrogen and solar
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The MENA region benefits from exceptional natural conditions, receiving up to 26% of the world’s solar radiation. Each square kilometre of desert holds the capacity to generate the energy equivalent of one to two million barrels of oil per year. Saudi Arabia and Morocco are among the leading countries exploiting this potential, encouraging the growth of large-scale solar and wind projects. Political support takes the form of regulatory reforms, investment incentives, and the emergence of partnerships between public and private sectors.
Source: Wikipedia