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KUWAIT CITY, Nov 28: A recent report issued by MEED magazine stated that Kuwait has clean energy projects worth $6.3 billion under implementation, while it has only 0.5% of the installed clean energy capacity, reports Al- Qabas daily. The report stated that there is optimism in future renewable and clean energy projects in the region, including blue and green hydrogen and ammonia schemes, as there are projects worth $54.1 billion, or 1.8 percent of regional GDP, that have exceeded the study phase, of which $31.5 billion are in the phase of bidding study.
The report also indicated that additional projects worth $282 billion, equivalent to 9.6% of the regional gross domestic product, are under study, reports a local Arabic daily. In MEED’s latest Regional Energy Transition Index,…