The Energy Industries Council (EIC) has released a report forecasting that the Middle East will see a significant investment of US$75.63 billion in renewable energy projects by 2030. These investments cover a range of 116 projects including solar power, wind, hydrogen production, and other clean energy solutions. Despite this growth, the International Energy Agency estimates that only a fifth of energy investments in the region will be allocated to renewables, with the majority still focused on the oil and gas industry due to abundant reserves and competitive pricing. Aqilah Shahruddin, the report's author, emphasizes the complexity of the region's transition, noting the simultaneous investments in renewable energy alongside traditional infrastructure improvements. This dual approach aims to balance the production of clean energy with the region's current dominance in the global hydrocarbon market. Although renewables are gaining traction, oil and gas are projected to maintain their supremacy for years to come. The EIC's forecast highlights the ongoing dominance of hydrocarbons despite the increasing presence of renewable projects. Ryan McPherson, EIC's Regional Director for the Middle East and Africa, underlines the importance of cleantech projects in the region's energy evolution and the active role of EIC in supporting this transition through project data, reports, and industry events.