Key Market Indicators
Kuwait is poised for significant growth in renewable energy generation, with projections indicating an increase to approximately 0.5 terawatt-hours by 2028. This marks a rise from about 0.3 terawatt-hours in 2023, translating to an average annual growth rate of 7.6%. Since 2019, the nation has seen a notable upward trend in its renewable energy supply, with a year-on-year increase of 27%. This rapid expansion underscores Kuwait's commitment to sustainable energy solutions and its efforts to diversify its energy portfolio. As the country continues to invest in renewable energy infrastructure, these figures highlight the accelerating momentum in Kuwait's transition towards greener energy sources.