Saudi Press

Saudi Arabia and the world
Wednesday, Jun 04, 2025

Qatar drives cleantech industry in MENA region with $75bn investment opportunity  

Qatar drives cleantech industry in MENA region with $75bn investment opportunity  

Qatar is set to drive the growth of the cleantech industry in the Middle East and Africa as its favorable government policies and advanced tech infrastructure present a $75 billion investment opportunity by 2030, revealed an industry report.
Qatar’s Investment Promotion Agency in a report stated that the country’s sustainability initiatives, abundant natural resources and an early-mover advantage in green hydrogen production make the gas-rich nation an emerging leader in the cleantech industry.

“With its abundant solar energy resources, Qatar is well positioned to take advantage of hydrogen production, which is essential to decarbonize hard-to-abate sectors,” the report said.

The report also noted QatarEnergy's announcement to establish the world's largest blue ammonia plant — which is scheduled to open by 2026 — to produce 1.2 million tons annually.

The $1 billion plant is projected to support Qatar's efforts to develop carbon capture and storage facilities to isolate as much as 11 million tons of carbon dioxide annually by 2035.

QatarEnergy has also launched an energy initiative – known as the Sustainability Strategy – as it aims to reduce the carbon intensity of its liquified natural gas facilities by 35 percent by 2030.

The report further highlighted that Qatar is making great efforts to reduce greenhouse gases, preserve land, and enhance biodiversity in an attempt to improve indoor air quality in accordance with the guidelines of the World Health Organization.

Those efforts are embodied in the construction of Lusail City — the leading sustainable city in the country — as well as the development of a network of metro lines that are powered by green energy.

The country also hosted the first-of-its-kind carbon-neutral FIFA World Cup in 2022 by using solar-powered stadiums as well as cooling and lighting technology.

The report noted that the most prominent aspects related to clean technology in the region are the growth of renewable energy in the MENA region at a compound annual rate of 8 percent from 2010 to 2035.

This comes as the region produces between 22 and 26 percent of the total solar energy, with forecasts indicating that the actual capacity of solar energy in the region is expected to surge by about 40 GW by 2025.

The report pointed out that the support of government policies in Qatar and the MENA region has a vital role to play in the growth of the clean technology sector.
Newsletter

Related Articles

Saudi Press
0:00
0:00
Close
Global News Roundup: From Ukraine's strategic military strikes and Russia's demands and Tensions Escalate in Ukraine, to serious legal issues faced by Britons in Bali and Trump's media criticism, the latest developments highlight a turbulent landscape
U.S. Reduces Military Presence in Syria
Trump Demands Iran End All Uranium Enrichment in Nuclear Talks
Iran Warns Europe Against Politicizing UN Nuclear Report
Paris Saint-Germain's Greatest Triumph Is Football’s Lowest Point
OPEC+ Agrees to Increase Oil Output for Third Consecutive Month
Turkey Detains Istanbul Officials Amid Anti-Corruption Crackdown
Meta and Anduril Collaborate on AI-Driven Military Augmented Reality Systems
EU Central Bank Pushes to Replace US Dollar with Euro as World’s Main Currency
European and Arab Ministers Convene in Madrid to Address Gaza Conflict
U.S. Health Secretary Ends Select COVID-19 Vaccine Recommendations
Trump Warns Putin Is 'Playing with Fire' Amid Escalating Ukraine Conflict
India and Pakistan Engage Trump-Linked Lobbyists to Influence U.S. Policy
U.S. Halts New Student Visa Interviews Amid Enhanced Security Measures
Trump Administration Cancels $100 Million in Federal Contracts with Harvard
SpaceX Starship Test Flight Ends in Failure, Mars Mission Timeline Uncertain
King Charles Affirms Canadian Sovereignty Amid U.S. Statehood Pressure
Iranian Revolutionary Guard Founder Warns Against Trusting Regime in Nuclear Talks
UAE Offers Free ChatGPT Plus Subscriptions to Citizens
Lebanon Initiates Plan to Disarm Palestinian Factions
Iran and U.S. Make Limited Progress in Nuclear Talks
The Daily Debate: The Fall of the Dollar — Strategic Reset or Economic Self-Destruction?
Trump Administration's Tariff Policies and Dollar Strategy Spark Global Economic Debate
OpenAI Acquires Jony Ive’s Startup for $6.5 Billion to Build a Revolutionary “Third Core Device”
Turkey Weighs Citizens in Public as Erdoğan Launches National Slimming Campaign
Saudi-Spanish Business Forum Commences in Riyadh
Saudi Arabia and Spain Sign MoU to Boost SME Sectors
UK Suspends Trade Talks with Israel Amid Gaza Offensive
Iran and U.S. Set for Fifth Round of Nuclear Talks Amid Rising Tensions
Russia Expands Military Presence Near Finland Amid Rising Tensions
Indian Scholar Arrested in Crackdown Over Pakistan Conflict Commentary
Israel Eases Gaza Blockade Amid Internal Dispute Over Military Strategy
President Biden’s announcement of advanced prostate cancer sparked public sympathy—but behind closed doors, Democrats are in panic
A Chinese company made solar tiles that look way nicer than regular panels!
Indian jet shootdown: the all-robot legion behind China’s PL-15E missiles
The Chinese Dragon: The True Winner in the India-Pakistan Clash
Australia's Venomous Creatures Contribute to Life-Saving Antivenom Programme
The Spanish Were Right: Long Working Hours Harm Brain Function
Did Former FBI Director Call for Violence Against Trump? Instagram Post Sparks Uproar
US and UAE Partner to Develop Massive AI Data Center Complex
Apple's $95 Million Siri Settlement: Eligible Users Have Until July 2 to File Claims
US and UAE Reach Preliminary Agreement on Nvidia AI Chip Imports
President Trump and Elon Musk Welcomed by Emir of Qatar Sheikh Tamim with Cybertruck Convoy
Strong Warning Issued: Do Not Use General Chatbots for Medical, Legal, or Educational Guidance
Saudi Arabia Emerges as Global Tech Magnet with U.S. Backing and Trump’s Visit
This was President's departure from Saudi Arabia. The Crown Prince personally escorted him back to the airport.
NVIDIA and Saudi Arabia Launch Strategic Partnership to Establish AI Centers
Trump Meets Syrian President Ahmad al-Shara in Historic Encounter
Trump takes a blow torch to the neocons and interventionists while speaking to the Saudis
US and Saudi Arabia Sign Landmark Agreements Across Multiple Sectors
×