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With the largest oil and gas reserves in the world, the Middle East and North African (MENA) may appear to be an unlikely advocate for renewable energy. However with excellent solar and wind conditions across much of the region, an increasingly tight gas market and a growing recognition that hydrocarbon reserves can be put to better use other than generating electricity, renewable energy is attracting unprecedented attention in the MENA region.
Renewable energies have the potential to equip the MENA region with centuries of sustainable and clean electricity. However with a decreasing scope for hydroelectric capacity due to a lack of recent rainfall, the power targets that are being set across the region for renewable energy power capacity means that it will fall to both solar and wind energy projects to meet these specific country targets.
MEED’s
MENA Renewable Energy conference is a prestigious gathering that is tailored for key project stakeholders: government officials and ministries, project developers, financial investors, contractors, material suppliers and legal advisors from across the MENA region. The event is specifically designed for MEED clients who wish to learn more about and capitalise on the investment opportunities available emerging in the renewable energy industry in the Middle East and North African region.
With a number of renewable energy projects currently being planned, developed or in execution stage around the region including Saudi Arabia, Qatar, Bahrain, Kuwait, Egypt, Algeria, Morocco, Libya, Jordan, Syria and Iraq, and more recently the UAE, never has a time been more crucial to provide detailed information about the region’s long-term plans and strategies for renewable energy in the region.
The plans announced very recently to develop the Mohammad Bin Rashid Al Maktoum Solar Park (a photovoltaic solar project in Dubai), will make this the largest solar power park eclipsing all other combined solar projects in the UAE including Meydan, Jebel Ali and Palm Jumeirah. The solar park will require an approximate investment of US$ 3.5bn, and whilst the first phase will be government financed, subsequent projects could then be financed by private investment.
Consequently, when considering these overall energy options on a larger scale, renewable energy is the most efficient choice in the long-run. The vast solar potential of the Middle East is just simply waiting to be untapped.
Benefits of attending:
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Gain valuable market insight on the
latest developments taking place in the renewable energy market from 25+ speaker representatives and
obtain a sneak preview of the investment opportunities available to you in the MENA region
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Network with key decision makers in this valuable market, allowing you to build relationships and strategic alliances with key project stakeholders including : ministry and government officials, project developers, contractors, material suppliers, financial investors and legal advisors
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Be the first to gain traction in
upcoming project prospects in the MENA region including the plans for the
Mohammad Bin Rashid Al Maktoum Solar Park in Dubai, the largest solar power park in the UAE worth US$ 3.5bn
and identify profitable opportunities to accelerate your business growth by getting involved with them
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Understand the
financing options for your projects through open feedback and risk assessment from key financiers and legal organisations
Who Should Attend
MENA Renewable Energy has been specifically designed for senior professionals in the renewable energy industry sector who are responsible for looking at the renewable energy market as a serious business prospective including:
The agenda is currently being developed and will be available for download shortly. If you have any further content / speaker suggestions then please contact Jennie Bishop. Project Leader
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