IEA: UAE to lead world solar output by 2031
The IEA expects the UAE to become the largest generator of solar electricity by 2031. It also forecasts 4,800 GW of new renewables by 2031, with the Hormuz crisis speeding deployment.
Why it matters
Fuel price spikes are accelerating clean power.
Background
The IEA is the global energy watchdog.
The story so far
- UAE agrees with Saudi Arabia to re-enter Yemen conflict
- Apollo takes stake in Mubadala Capital
- US to mediate Ukraine-Russia talks in Abu Dhabi Nov. 10-11
- US, Russia and Ukraine to hold talks in Abu Dhabi
- IEA: UAE to lead world solar output by 2031
Sources
- The National ↗Nov 7, 3:33 AM ET
- OilPrice ↗Nov 6, 11:30 AM ET
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