“The total installed capacity of solar energy in Saudi Arabia was 440MW in 2022, compared to just 22MW in 2013, while Egypt’s total installed capacity of wind energy had risen to 1,643MW from 555MW, according to the International Renewable Energy Agency. However, the share of renewable energy in the energy mix in the Middle East remains lower than in other regions. While a lot of the renewable energy capacity is expected to come from solar energy due to very favorable irradiation resources, the region also benefits from good wind resources.” 

Middle Eastern Countries Continue to Target Higher Renewable Energy Capacity [Fitch Ratings]