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Saturday, December 06, 2025 | Daily Newspaper published by GPPC Doha, Qatar.

Tag Results for "Renewable Energy" (2 articles)

Gulf Times
Business

Qatar among ‘best and most attractive’ Arab countries for investment in power and energy sector: Dhaman

The Arab region’s renewable energy sector attracted some 360 FDI projects with investments of $351bn in 22 years up to 2024, a report by Arab Investment and Export Credit Guarantee Corporation (Dhaman) has shown.This, the report noted, provided more than 83,000 jobs during the period from January 2003-December 2024.According to Dhaman, Qatar is among countries that lead investment and business attraction in power and energy.In its second report for 2025 on the Arab power and renewable energy sector, the Kuwait-based Arab Investment and Export Credit Guarantee Corporation noted five countries - Egypt, Morocco, the UAE, Mauritania and Jordan, made up approximately 69% of the number of projects (248 projects), around 83% of the Capex ($291bn), and 82% of the new jobs (approximately 68,000 jobs).It added that the top 10 companies investing in the power sector in each index accounted for around 25% of the number of implemented projects, 40% of Capex, and 38% of the total new jobs.Five Arab countries: UAE, Saudi Arabia, Bahrain, Jordan and Egypt, invested in 90 inter-Arab renewable energy projects, accounting for roughly 25% of the sector’s foreign projects over 22 years. These projects were implemented with Capex of approximately $113bn, or more than 32% of the total Capex of the FDI projects in the sector, providing approximately 22,000 jobs.Based on Fitch Ratings’ assessment of investment and business risks and rewards in the electricity and energy sector in 14 Arab countries, by monitoring and measuring two main indicators, Qatar, the UAE, Saudi Arabia, Kuwait and Oman topped the Arab rankings as the best and most attractive Arab countries for investment in the power and energy sector in 2025. They were followed by Morocco, Egypt and Algeria respectively.Generated electricity in the Arab region (15 countries) is likely to surge by 4.2% to exceed 1,500 terawatt-hours by the end of 2025 and is even projected to keep rising to 1,754 terawatt-hours by 2030. Electricity generation is largely concentrated geographically, with five countries - Saudi Arabia, Egypt, the UAE, Iraq and Algeria – making up 74% of the region’s total electricity generation by the end of 2025, it said. The report noted that electricity consumption in Arab countries is forecast to edge up by 3.5% to 1,296 terawatt-hours by the end of 2025, with Saudi Arabia, Egypt, the UAE, Algeria and Kuwait accounting for 74% of the region’s total electricity consumption: around 958 terawatt-hours.It added that average per capita electricity generated in Arab countries is forecast to go up by 3.1% to 8.6 thousand kilowatt-hours by the end of 2025, amid forecasts of a hike to roughly 9.6 thousand kilowatt-hours by 2030.Arab foreign trade in power generation equipment and electric current shot up by 8% to approximately $39.2bn in 2024, with five countries – the UAE, Saudi Arabia, Morocco, Iraq and Qatar – making up 81% of the total.This is the result of a surge in power generation equipment and electric current exports of Arab countries by 9% to roughly $7.6bn and its imports by 7.8% to more than $31.5bn in 2024. The list of the region’s top 10 exporting countries made up around 78% of total Arab electricity and power generation equipment imports, valued at $24.7bn.Turkiye topped the list as the region’s top electricity exporter, with a value of $446mn, while the United States came as the largest power generation equipment exporter, with a value of $6.6bn, according to the report.It noted that the list of the region’s top 10 importing countries represented 58% of total Arab electricity and power generation equipment exports worth $4.4bn. Libya topped the list as the region’s largest importer of electricity, with a value of $59mn, while France ranked as the region’s largest power generation equipment importer with a value of $593mn.

Gulf Times
Business

GCC Interconnection Authority delegation visits Al-Kharsaah Solar Power Plant

A delegation representing the Gulf Cooperation Council’s Interconnection Authority (GCCIA), along with participants in the "Assessing of Reliability of Renewable Energy Sources in the Cooperation Council Countries" workshop, visited the Al-Kharsaah solar power plant. The plant, which was developed and is operated by Siraj (1), a subsidiary of QatarEnergy Renewable Solutions, is wholly owned by QatarEnergy.The visit came on the sidelines of the workshop organised in Doha by the GCCIA, where participants were given the opportunity to learn about the latest operation, maintenance, and production technologies adopted by Al-Kharsaah solar power plant, the first solar plant in Qatar.The 800-megawatt (MW) Al-Kharsaah solar power plant began supplying electricity to Qatar’s national grid in June 2022. Since then, QatarEnergy has built and operated the Ras Laffan and Mesaieed solar power plants with a combined capacity of 875 MW, doubling Qatar's production capacity to 1,675 MW of renewable electricity. QatarEnergy is currently building the Dukhan solar power plant, which will double Qatar's solar power generation capacity to more than 4,000 MW of renewable energy.QatarEnergy established QatarEnergy Renewable Solutions in 2017 with the purpose of financing, building, operating, and maintaining solar power facilities, and selling electricity generated from solar power within the State of Qatar. QatarEnergy Renewable Solutions owns 60% of Siraj (1) Company.The Gulf Cooperation Council Interconnection Authority (GCCIA) is the body responsible for the electricity interconnection project among the GCC countries.