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Renewables

Rooftop installations have jumped by 64% in five years, rising from 36 GW in 2017 to 59 GW in 2021 and now represent 30% of the total global solar capacity. (Image source: Adobe Stock)

Rooftop solar PV installations are set to surge in the next three years, with total capacity reaching 94.7GW by 2025, Rystad Energy analysis

The Middle East has a considerable geographical advantage in the solar PV market. (Image source: Soltec)

Photovoltaic energy, the cheapest renewable source, is largely untapped in the Middle East, a world region which intends to lead the way in renewable energy through its significant solar radiation capacity 

The four pillars of NEOM?s strategy include a 100% renewable, carbon free energy system at the lowest cost with a secured supply, leading integrated customer experience, clean energy-intensive industries, and an energy innovation ecosystem. (Image source: Adobe Stock)

Speaking on the opening day of the Global Energy Utilities Forum (GEUF) on 7 March, Jens Madrian, executive director of NEOM Energy at NEOM, discussed how Saudi Arabia?s US$500bn futuristic development will achieve its goal of a 100% renewable city

ACWA Power signed a power purchase agreement (PPA) for the Ar-Rass PV IPP, the largest PV project awarded under the NREP. (Image source: Adobe Stock)

A consortium led by the local ACWA Power has signed the power purchase agreement (PPA) for the 700MW Ar-Rass solar photovoltaic (PV) solar plant in Saudi Arabia

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