Middle East energy transitions are picking up speed. Driven by well-designed auctions, favorable financing conditions and declining technology costs, renewables are being brought into the mainstream. The Middle East is set to become a market leader in renewable energy. Up to 90GW of renewable energy capacity, mainly solar and wind power, is planned across the MENA region over the next 10- 20 years Renewable energy will account for 34% of total power sector investments across the MENA region over the next five years.