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Business, Economy, Energy

Tesla Q2 sales down 13.5%

Shares rally after the disclosure, better than some forecasts.

TomTom cuts 300 jobs

The firm said it was realigning its organization as it embraces AI.

Aldar nets $953m in sales at Fahid

Aldar said 42 percent of the buyers are under the age of 45.

Qualcomm to Alphawave for $2.4 bn

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Equinor signs $27 bn gas deal

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UAE solar energy leader in Arab world

More than 12 gigatons of wind and solar energy are currently produced in the Arab region.
By TRENDS Desk
September 12, 2022 11:21 pm
  • Renewable energy generation projects in the Arab countries will reach nearly 92 percent of the region's total targets by 2030.
  • More than 12 gigatons of wind and solar energy are currently produced in the Arab region, the report said.

Dubai, UAE–A report by Global Energy Monitor published in June this year says renewable energy generation projects in the Arab countries will reach nearly 92 percent of the region’s total targets by 2030. More than 12 gigatons of wind and solar energy are currently produced in the Arab region, the report said.

Arab countries are constructing solar and wind energy plants with a total capacity of 73.4 gigatons, which is nearly five times the region’s current renewable energy production.

These projects include 114 solar power plants and 45 wind power plants. TRENDS takes a look at which Arab nations are taking a lead in clean energy generation:

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