
India's Suzlon Energy expects the Middle Eastern wind energy market to remain small in size as governments have not yet moved to provide frameworks to boost the industry.
Mr Tulsi Tanti head on the sidelines of a conference in the Bahraini capital Manama said that he expected the Middle Eastern market for newly installed wind energy capacity to reach 10 GW to 15 GW over the next two decades.
He also said that in comparison the European market was estimated at 100 GW to 150 GW over the coming ten years.
Mr Tulsi Tanti added that "Currently there is no political framework the governments have to come with clear targets as to what they hope to achieve by 2020.”
Europe and India have set the target of generating 20 % of their energy production with renewable energies by 2020.
The Gulf Arab region is increasingly considering investments in alternative energies to meet the rising energy consumption of its growing economies and consume less of its fossil energy resources at home so it can instead sell these on world markets.
But governments have yet to launch large scale investments or regulatory frameworks.
Elsewhere in the Middle East Egypt plans to generate some 20 % of its energy from renewable sources by 2020 including through building wind farms along its eastern Red Sea coast.
(Sourced from ET)










