Green energy will overtake fossil fuels in the Middle East by 2040: Rystad

By 2050, renewable energy sources, including hydro as well as solar and wind power, are expected to make up a staggering 70% of the Middle East’s power generation mix. This represents a monumental jump from just 5% recorded at the end of 2023, signaling a transformational change in the region’s energy landscape. Despite the upcoming surge in clean energy installations, the region will continue to…