23 May 2026, Sat

Gulf Region Set to Host 40% of World’s New Renewable Energy Capacity by 2030

PARIS / RIYADH — The International Energy Agency has published a landmark report projecting that the Gulf Cooperation Council region will account for 40% of all new global renewable energy capacity additions between now and 2030 — a figure that would have been considered wildly optimistic just five years ago and represents a fundamental reorientation of the global energy transition.

The projection is driven primarily by three megaprojects: Saudi Arabia’s NEOM renewable energy complex, which alone will generate over 4 gigawatts of clean power; the UAE’s Mohammed bin Rashid Al Maktoum Solar Park, the world’s largest single-site solar project; and Oman’s Green Hydrogen Programme, targeting 30 gigawatts of electrolyser capacity by 2030.

The Geopolitics of Clean Energy

The IEA report frames the Gulf’s clean energy dominance not merely as an environmental story but as a geopolitical one: the region that built the 20th century’s fossil fuel infrastructure may be building the 21st century’s clean energy infrastructure with equal ambition and speed.

By Gulf Times Now

GCC's Premier Business & Media Platform — Covering UAE, Saudi Arabia, Qatar, Kuwait, Bahrain and Oman.

Leave a Reply

Your email address will not be published. Required fields are marked *