The Middle East Ventures Into Solar, Wind Energy

Written by Ucilia Wang

There's no question the Middle East is a world energy leader today, with more than half of the world's oil reserves and some 36 percent of the world's natural-gas reserves.

Now it looks like the region also could become a leader in renewable energy.

The Middle East has displayed a growing interest in investing in renewable-energy projects. And new policies could make the sun-baked region an attractive greentech market, according to Piper Jaffray analysts, who are visiting the Middle East this week as part of a trade mission with the U.S. Departments of Energy and Commerce. ...