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Middle East Renewable Energy Investments Boom

Oil-rich Gulf states accelerate clean energy investments as economic diversification strategies take shape.

Fatima Al-Rashid
February 15, 2026
5 min read
Middle East Renewable Energy Investments Boom

Gulf Cooperation Council countries have collectively announced over $200 billion in renewable energy investments over the next five years, marking a significant strategic shift for the oil-rich region.

Solar Dominance

Saudi Arabia and the UAE are developing some of the world's largest solar parks, leveraging their abundant sunshine and available land. The projects will eventually produce electricity at some of the lowest costs globally.

Tags:

#Middle East#Solar#Investment#Diversification

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Middle East Renewable Energy Investments Boom - OilGasRE