One of the most notable trends in power generation globally over...

One of the most notable trends in power generation globally over the past few years, namely that over 50 per cent of investment in new generation has gone – and continues to go – into renewables.

This has amounted to an average of US$260 billion a year worldwide over the past five years.

The trend is for this percentage to continue to increase and, indeed, MENA’s (Middle East & North Africa) renewable energy capacity is expected to increase sixtyfold by 2030 compared to 2013 levels.