What is Kuwait Energy Company?

Kuwait Energy Company is an Oil & Gas company with extensive knowledge of the Middle East region and outstanding relations with host governments, national oil companies, and international companies that operate in the Middle East.

Does Kuwait use solar energy?

KUWAIT: Kuwait enjoys sunny days almost the whole year long, but this source of energy is not exploited like in many other countries. Solar energy is used in Kuwait in a few places, including private houses.

Is Kuwait a good place to invest in solar energy?

Kuwait is in a great spot and has plenty of cash, but the country hasn't seen a surge in solar energy projects due to a lack of official support. As a result, this could dampen the market's expansion over the predicted time frame. The Kuwaiti solar energy market is partially consolidated.

What is the energy profile of Kuwait?

Kuwait's energy profile includes proven crude oil reserves of 104 billion barrels and 63 trillion cubic feet of natural gas reserves in 2009. Heavily sustained and subsidized electricity and water prices are the main factors behind the high consumption (demand) in the country.

Will Kuwait produce 15 percent of its power from solar and wind?

Ali: The late Amir Sheikh Sabah Al-Ahmad Al-Jaber Al-Sabah announced at the 2012 United Nations Conference on Climate Change that Kuwait will strive to produce 15 percent of its power from solar and wind by 2030, a goal that has since been reaffirmed in the New Kuwait 2035 vision.

What is life energy?

Based in Kuwait with a branch office in Dubai, Life Energy focuses on state-of-the-art renewable energy solutions and services, utilizing cutting edge renewable energy technologies and skilled technical and business expertise, bringing together the most flexible and efficient solutions and applying them to the GCC market and beyond. Read more