Energy Storage News•6 months ago
DNV forecasts tenfold increase in MENA region’s installed energy storage capacity by 2030
- •The MENA region is projected to add a massive 860GW of new solar PV capacity by 2040, indicating significant long-term renewable energy expansion.
- •Energy storage capacity in the MENA region is forecast to increase tenfold by 2030, highlighting a rapidly growing market for storage solutions.
- •This forecast signals substantial development opportunities for IPPs and developers in both solar and energy storage projects across the MENA region.
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