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Mena energy investments to top $805bn by 2025: Apicorp


Dr Ahmed Ali Attiga: Energy transition in full swing
Mena energy investments to top $805bn by 2025: Apicorp
DAMMAM, Saudi Arabia, 23 days
ago
Overall planned and committed investments in the Mena region will exceed $805 billion over the next five years, said the Arab Petroleum Investments Corporation (Apicorp) in its Mena Energy Investment Outlook 2021.
This marks a $13 billion increase from the $792 billion estimate in last year’s five-year outlook.
The report attributes this modest rise to four factors: A strong confidence in the rebound of global GDP, rising energy demand, the comeback of Libyan projects– which alone accounts for around $10  billion in planned projects – and the accelerated pace of renewables in the region. Per current estimates, Mena will add 3GW of installed solar power capacity in 2021 alone – double that of 2020 – and 20GW over the next five years. ....

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APICORP: Middle East and North Africa (MENA) energy investments to exceed USD805 bn over next five years


APICORP’s (
www.APICORP.org), 
latest MENA energy investment outlook sees a modest USD13 bn rise in committed and planned energy investment compared to previous year’s outlook; Renewables claim a significant share of almost 40% the estimated USD250 bn in power sector investments; Committed Gas investments projected to fall by USD9.5 bn to USD75 billion after completion of several megaprojects in 2020; An evolution in regulations is needed for MENA region to realize its energy storage potential; Additional capacity – particularly from renewables – will make power trading a more commercially viable option in MENA; MENA can emerge as a major blue and green hydrogen-exporting region thanks to low-cost gas resources and strong renewable energy progress. ....

Ash Sharqiyah , Saudi Arabia , Kingdom Of Saudi Arabia , Ahmed Ali Attiga , Weber Shandwick , Daniel Chinoy Weber Shandwick , Hassan Al Jundi , Zeeshan Masud , Energy Investment Outlook , Public Investment Fund , Saudi Arabia Renewable Energy Project Development Office , Saudi Aramco , Energy Storage Is Key , Arab Petroleum Investments Corporation , National Renewable Energy Program , Committed Gas , Investment Outlook , Chief Executive Officer , North Field East , Renewable Energy Project Development Office , General Electric , Energy Storage , சவுதி அரேபியா , கிஂக்டம் ஆஃப் சவுதி அரேபியா , ஹாசன் அல் ஜூண்டி , ஜீஷந் மசூத் ,

Mena energy investments to top $80bn by 2025: Apicorp


Dr Ahmed Ali Attiga: Energy transition in full swing
Mena energy investments to top $80bn by 2025: Apicorp
DAMMAM, Saudi Arabia, 4 hours, 16 minutes
ago
Overall planned and committed investments in the Mena region will exceed $805 billion over the next five years, said the Arab Petroleum Investments Corporation (Apicorp) in its Mena Energy Investment Outlook 2021.
This marks a $13 billion increase from the $792 billion estimate in last year’s five-year outlook.
The report attributes this modest rise to four factors: A strong confidence in the rebound of global GDP, rising energy demand, the comeback of Libyan projects– which alone accounts for around $10  billion in planned projects – and the accelerated pace of renewables in the region. Per current estimates, Mena will add 3GW of installed solar power capacity in 2021 alone – double that of 2020 – and 20GW over the next five years. ....

Saudi Arabia , Ash Sharqiyah , Ahmed Ali Attiga , Saudi Aramco , Apicorp Mena Energy Investment Outlook , Arab Petroleum Investments Corporation Apicorp , National Renewable Energy Program , Mena Energy Investment Outlook , Public Investment Fund , Saudi Arabia Renewable Energy Project Development Office , Arab Petroleum Investments Corporation , Chief Executive Officer , North Field East , Renewable Energy Project Development Office , General Electric , Rade Arabia , Iddle East Trade News , Cc Business News , Ndustry News , Trade News , Usiness Directory , Roject News , Remium Content , சவுதி அரேபியா , சவுதி அரம்கோ , தேசிய புதுப்பிக்கத்தக்க ஆற்றல் ப்ரோக்ர்யாம் ,