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Middle East and Africa Renewable Energy Market to Reach USD 54.49 Billion by 2034 – MENA & Turkey

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The Middle East and Africa renewable energy market is set to reach USD 54.49 billion by 2034, driven by government initiatives, solar and wind expansion, and global investments. Despite regulatory challenges, green hydrogen and energy storage will shape future growth.

February 07, 2025. By EI News Network

The Middle East and Africa (MEA) renewable energy market is set for significant growth, projected to reach USD 54.49 billion by 2034, up from an estimated USD 25.50 billion in 2025, at a compound annual growth rate (CAGR) of 8.80 percent, according to a report by Market Research Future (MRFR).

The report, titled ‘Middle East and Africa…



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