Investing in the Vast Solar Energy Potential of the Middle East and North Africa

Investing in the Vast Solar Energy Potential of the Middle East and North Africa

Posted: 07 Jun 2012 04:23 PM PDT

Arguably, the Middle East and North Africa are ripe for renewable energy investment, particularly in the solar energy sector and specifically in terms of concentrated solar power (CSP). Because it relies on its own oil, it can afford the massive subsidies necessary to weather the transformation that could eventually make renewable energy affordable and accessible. Those subsidies become more affordable when Middle Eastern governments take stock of the savings on rising domestic oil and gas consumption that can be diverted to more revenue-generating…Read more…

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