While a ten per cent target in the energy mix is claimed as achievable, IRENA says higher penetration of renewables is also possible by 2030. (Image source: TPSDave/Pixabay)

The UAE is aiming to achieve a 10 per cent increase in the renewable energy mix by 2030, according to a report by International Renewable Energy Agency (IRENA)

There is uncertainty over Irans peaceful efforts to generate nuclear power for productive purposes such as research and power generation. (Image source: Brewbooks/Flickr)

A possible Middle Eastern initiative could be a solution to the current restrictions imposed on Iran pertaining to the nuclear deal, say research analyst Arun Kumar Sampathkumar and consultant Lawrence Surendra from Frost & Sullivan

The report by Citigroup Inc., has stated that solar and wind power generation is an economical option, in the midst of falling oil prices. (Image source: AzharElmiza/Flickr)

The outlook for renewable energy development looks bright in 2015, despite the fall in oil prices, according to a report by Citigroup Inc.

Officials from Saudi Electricity Company and GE at the signing ceremony. (Image source: GE)

Saudi Electricity Company (SEC) and GE have signed an MoU to establish a joint venture (JV) company that will extend operations and maintenance to support SEC?s power plants in the Kingdom