Saudi Gazette - MENA needs $145.7bn investment in power generation amid demand:
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Strong economic and demographic growth associated with rapid urbanization has led to an increase in energy demand to meet rising electricity and desalinated water needs in the Middle East and North Africa (MENA) region, the International Renewable Energy Agency (IRENA) and Renewable Energy Policy Network for the 21st Century (REN21) said in their joint report recently.
The report estimates that investments worth $145.7 billion will be needed for power generation from 2013.
Of which, investments worth $63.1 billion will be in the GCC, $21.4 billion in Iran and approximately $53 billion in the combined other countries of the region. "
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