EnergyReader · 2026-08-08 16:15

EU Pledges $5.8 Billion for MENA Renewables With 15 GW Target by 2035

By EnergyReader Newsroom · August 8, 2026

The European Commission committed almost $5.8 billion to renewable energy projects across the Middle East and North Africa in June, launching its T-MED initiative with targets of at least 15 gigawatts of new capacity by 2035 and more than 100,000 jobs.

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Connected coverage Stories linked to German Power through the market graph: same hub, spread, route or driver.

European Energy Companies Face ROE-Driven Earnings Squeeze Amid Diesel Affordability Pressure 9h ago · German Power same market EC Unveils Energy Rating System for Data Centres as Grid Operators Warn on Renewables 1d ago · German Power same market EU Parliament's Lead ETS Negotiator Liese Strips CORSIA Exemption Language and Backs Unlimited Carbon Removals 9h ago · EUA via Carbon Power Stack EU Retail Fuel Hits Records as Gas Storage Shortfall Extends Eurozone Inflation Into 2027 16h ago · TTF via Carbon Power Stack UK Power Q+1 Holds Near £157 as Demand Softness Tempers Gas-Driven Upside 1d ago · UK Power via European Power Interconnectors German Power Front-Month Holds Above €161 as TTF Retreats from September Peak 16h ago · TTF via Carbon Power Stack

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