INSEAD Day 4 - 728x90

Samsung biggest chip investor

The tech giant invested nearly $59.2bn in 2025.

flynas to set up new hub

Five destinations in first phase of operations.

AD Ports Group acquires CLI

CLI is Brazilian agri-bulk terminal operator.

$1.59bn Makkah project awarded

A consortium will develop two districts in the Holy City.

2PointZero posts profit surge

Growth driven by merger consolidation.

Middle East and Africa may add 14 GW of wind power capacity

GWEC has estimated that 557 GW of new wind power capacity, with onshore accounting for 84 percent, will be added globally in the next five years under current policies.
  • Between 2022 and 2026, South Africa (5.4 GW), Egypt (2.2 GW), Morocco (1.8 GW) and Saudi Arabia (1.3 GW) would lead the new wind capacity addition
  • The report said 2021 was the second-best year ever for the global wind industry after 2020 with almost 94 GW of capacity added

The Middle East and Africa can add 14 gigawatts of new wind power capacity in the next five years, according to latest Global Wind Report by the Global Wind Energy Council (GWEC).

Between 2022 and 2026, South Africa (5.4 GW), Egypt (2.2 GW), Morocco (1.8 GW) and Saudi Arabia (1.3 GW) would lead the new wind capacity addition, the report said.

Onshore installations in the region increased by 120 percent in 2021, the report noted.

GWEC has estimated that 557 GW of new wind power capacity, with onshore accounting for 84 percent, will be added globally in the next five years under current policies.