Renewable energy has a mixed market outlook in the Middle East and Africa (MEA) region like the economies in the region themselves. All 17 MEA countries covered in the report with the exception of UAE have set renewable targets of different forms. While some countries have capacity targets, some have targeted to reach / achieve a fixed share of generation from renewable sources. Six of the countries have functioning FIT schemes for various renewable technologies, and Ghana and UAE are the only countries to have proposed a net-metering scheme. South Africa has the most number of support measures for renewable energy including FITs.
Political turmoil has been one of the destabilizing factors in arresting the
spread of renewable energy in the Middle East, and African region. Countries
such as Iraq and the Syrian Arab Republic in the Middle East, and Angola in
Africa which have been torn by local strife, have seen little development of
dedicated policies to promote renewable energy.
Reasons to
buy: