Dubai PR Network, Online Press Release from Dubai and Middle East
Events and Exhibitions(Events & Exhibitions)
Filter PR by
Solar Sourced Green Hydrogen to Transform MENA Into Major Electrolyser Installer, World Future Energy Summit Hears
Solar Sourced Green Hydrogen to Transform MENA Into Major Electrolyser Installer, World Future Energy Summit Hears
• MESIA Envisages Green Hydrogen Plants in Egypt, Morocco, Oman, Saudi Arabia & UAE
• Region At Dawn of New Solar Growth Phase, Says Association Secretary General 
January 18, 2023: Green hydrogen sustainably sourced through solar is set to turn the Middle East and North Africa (MENA) into the world’s second-largest electrolyser installer by 2040, the World Future Energy Summit in Abu Dhabi heard today.
The optimistic forecast came from the Secretary General of the Middle East Solar Industry Association (MESIA), Denisa Fainis, as she presented the Association’s Solar Outlook Report 2023 to attendees at the Solar & Clean Energy Forum – one of six specialised vertical events in the Summit’s overall programme.
Fainis said that if MENA realised its production potential – which would see it account for 20% of global green hydrogen production – it would also become a main supply chain hub given its geographic positioning between Asia and Europe.
The MESIA Outlook Report, however, calls on solar PV developers and business owners to look to build competitive tariffs and lower cooling consumption by increasing energy efficiency and implementing building management systems.
“Although the Middle East is gifted with summertime year-round, one of its main energy consumers and contributors to CO2 emissions is cooling and demand for this is expected to triple by 2050,” warned Fainis.
Launched at the World Future Energy Summit every year, the report, the 10th from the Association, says while the adoption of electric vehicles in the Middle East remains a challenge in terms of infrastructure and hot weather testing, there are signs that the sector could bring a major economic boost to Saudi Arabia. MESIA highlights Saudi Arabia’s ambitious EV manufacturing plans saying its estimated capacity of 350,000 vehicles will “ignite the creation of an industry with the goal of creating jobs and diversifying the economy.”
The report also addresses asset management via drone surveying, robot cleaning, O&M digitalisation, and country-specific highlights and experts’ opinions on the opportunities and challenges within the individual nations. It also takes a quick dive into the countries with electricity shortages and identifies the pain points that could prove to be opportunistic for businesses with high-risk appetites.
“We are at the dawn of a new growth phase for solar energy,” commented Fainia, adding that the new phase is unshackled by the past decade of questioning the validity of solar. “Equally important is the fact that solar energy is competitive in cost and electricity price against other energy products and solutions, which has been the underlying factor for its resilience and unimpeded growth through the sustained low oil and gas prices and recent volatile energy market conditions,” said the MESIA Secretary General. “Solar energy has always been unique amongst other technologies, being able to be scaled to fit any need from residential applications to utilities-at-scale developments. This great flexibility has resulted in solar energy being applied to related energy requirements such as electrified transportation and green hydrogen production. Electrified transport and the growth of battery storage solutions offer uniquely symbiotic solutions for solar energy which, if implemented correctly, could hasten us towards our destination of a net-zero future.”
Fania says MENA’s solar installation and implementation experience has led to a fresh drive for greater energy yields and high operational efficiencies through technological advancement. “The nascent but important aspect of solar energy production has brought in new applications of robotics, AI, drones, and imaging technologies, all aimed at improving efficiencies of solar energy. Solar photovoltaic technologies continue to find better efficiencies at both the cellular and module levels. New technologies such as Hetero Junction technology and Perovskites are yet to become mainstream, but the industry is watching them closely to gauge the future trajectory these potential higher efficiency cells can create.”
RX Middle East which organises the World Future Energy Summit, says the MESIA report is a positive forecast of the MENA region’s rich solar potential.
“The region is readying for an influx of both private and public investment in its solar infrastructure as the medium plays an increasing role in MENA’s energy mix. The potential appears huge as evidenced by Saudi Arabia’s ambitions to turn its new city development Neom into the world’s first city entirely powered by renewables, in particular solar,” commented Leen Alsebai, Head of the World Future Energy Summit and General Manager of RX Middle East. “The Solar & Clean Energy Forum is a weathervane to where the industry is heading, and it’s pointing to a very bright future indeed.”
The World Future Energy Summit is hosted by Masdar and is part of Abu Dhabi Sustainability Week, a global platform for accelerating the world’s sustainable development. The event is also, for the first time ever, held in partnership with ENOWA.

Posted by : Editorial Team
Viewed 1919 times
PR Category : Events & Exhibitions
Posted on : Wednesday, January 18, 2023  10:29:00 AM UAE local time (GMT+4)
Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of
Previous Story : Ahmad Bin Shafar, Ceo of Empower: UAE Applies a Comprehensiv...
Next Story : Qatar World Cup Innovation Could be the Future of Public Sec...
Email this article Print this article

Share this article with your friends and followers
Back to Section Home

Related Stories

Most Viewed Press Release posted in the last 7 days
CNN Business Arabic is Now Live [8561-Views]
Malabar Gold & Diamonds Continues Rapid Expansion; opens its 300th Global Showroom in Dall... [7560-Views]
OMEGA at The Golden Globes [6462-Views]
Liht Organics brings Region's First VR-driven Makeup Experience to the UAE [5842-Views]
Bodour Al Qasimi Strengthened Publishing Industry's Role in Achieving Sustainable Developm... [5080-Views]
Loeb Set Sights on Abu Dhabi after Record-Breaking Dakar Charge [4453-Views]
Department of Culture and Tourism – Abu Dhabi and NBA Announce Expansion of Jr. NBA Leag... [4207-Views]
Genesis Takes Home Two 2022 Good Design® Awards [4190-Views]
Discover My Olivanna's Super-Fruit Powered Skincare [4182-Views]
Dimple Fashion Launches its Latest Showroom at Meena Bazaar, Bur Dubai [4030-Views]
Your Runway Awaits You, Instarunway.Com Launches Its Fashion Mobile Bus [3977-Views]
Tanishq Regional Expansion Gains Impetus with Its First Store in UAE's Capital [3846-Views]
All-Electric Kia EV6 Wins 2023 North American Utility Vehicle of the Year™ [3743-Views]
Jaeger-Lecoultre Presents ‘Walk into the Dawn', a Beautiful New Campaign Starring Anya Tay... [3715-Views]
Update from Bahrain Raid Xtreme after Today's Stage 13 at Dakar Rally [3633-Views]
Cash Prizes worth AED 50,000 on Grab for Top Winners of RAK Biggest Weight Loss Challenge ... [3567-Views]
As Unique as your LOVE [3567-Views]
Emirates to Expand Mainland China Operations, Resumes Passenger Services to Shanghai and B... [3481-Views]
Emirates Post Group Collaborates with Egypt Post to Launch New Stamp that Celebrates 50th ... [3432-Views]
Dubai Municipality Opens Registration for the Most Beautiful Green Front Yard Competition [3395-Views]
Hadhramout Commercial Bank Selects ICS BANKS Universal from ICSFS to Start its Operations ... [3391-Views]
Direct TT Granted SCA License for Financial Consulting and Financial Analysis in the Unite... [3210-Views]
AWS and Masdar City Free Zone Collaborate to Accelerate Growth of UAE Startups [3079-Views]
CBI Net Profit Increases by 15% to AED 150 million in 2022 [3067-Views]
ADSW 2023 Highlights Role of Private Sector to Sustain UAE's $43bn Investment in Clean Ene... [2981-Views]
RSS Facebook Twitter LinkedDin on Instagram
Top Sections
Top Stories