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The International Energy Agency predicts that the Middle East will triple the installed capacity of renewable energy by 2031. Among them, Saudi Arabia, the largest economy in the Arab world, is expected to increase its installed renewable energy capacity fivefold by 2031, followed by the UAE. The IEA described the rapid growth of renewable energy in the Middle East as “a structural leap forward in the region's energy market.” Solar energy is the main driver of this expansion, which will account for nearly 80% of the region's projected additional 122 gigawatts of installed capacity by 2031.
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The International Energy Agency predicts that the Middle East will triple the installed capacity of renewable energy by 2031. Among them, Saudi Arabia, the largest economy in the Arab world, is expected to increase its installed renewable energy capacity fivefold by 2031, followed by the UAE. The IEA described the rapid growth of renewable energy in the Middle East as “a structural leap forward in the region's energy market.” Solar energy is the main driver of this expansion, which will account for nearly 80% of the region's projected additional 122 gigawatts of installed capacity by 2031.
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