MENA solar power capacity to grow by 99.1 GW by 2033

It share in the global solar capacity will rise to 3%.

The Middle East and North Africa (MENA) is projected to increase its solar capacity by 99.1 gigawatts from 2022 to 2033, reflecting an annual average of 21% year-on-year growth, according to BMI.

As such, the region's share of solar capacity globally will increase to 3% by 2033 from less than 1% in 2022.

At the forefront of its growth are the United Arab Emirates (UAE), Saudi Arabia, Egypt, Oman and Morocco, thanks to their large-scale solar power projects, diversification of energy sources and state support.

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Compared to other regions, MENA’s pipeline of solar power projects shows a combined capacity of 62 GW. In terms of its pipeline, MENA ranks fourth globally after Asia with 221 GW, North America with 128 GW and Latin America with 115 GW.

Several notable milestones in solar power over the region include the UAE’s 5 GW Mohammed Bin Rashid Al Maktoum Solar Park, Saudi Arabia’s two 2 GW solar power projects, and Egypt, Iran and Oman gaining over 1 GW in solar projects.