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FINANCIAL NEWS
Arab world countries and UAE to develop renewable energy
14 Feb 2016
(MENAFN) Energy-importing nations and the UAE will continue to quick the improvement of their renewable-energy sectors and will rely on helping policies to move ahead.
Moreover, the region got some of the lowest renewable-energy prices awarded internationally for both photovoltaic (PV) and wind power.
In addition, many Arab countries proclaimed positive renewable-energy goals, with power need through the area predicted to increase at 9.9 percent until 2020.
However, lack of gas and in some nations, increasing reliance on liquid fuels, a key product for export, also added to the urgency of energy change.
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