As per officials, The UAE is set to invest AED200 billion ($54.4 billion) over the next six years to address the nation’s growing sustainable energy needs. his substantial investment aims to support the country’s ambitious goal of net-zero emissions by 2050.
The UAE’s investment comes amid a broader push within the region. According to the International Energy Agency (IEA), Middle East and North African countries are on track to triple renewable energy capacity by 2030, largely driven by solar photovoltaic expansion.