When the Abu Dhabi (UAE)Government announced its renewable energy scheme under the Masdar Initiative a few years ago, a UAE-based businessman had quietly set up the country?s first renewable energy industry – Mulk Enpar Renewable Energy – at Hamriyah Free Zone, Sharjah, UAE hoping that he would be able to support the government?s vision to diversify the country?s energy mix and benefit from it. He  invested significant resources to develop the design, technical know-how, and the management capacity to deliver mid-scale to large scale power projects on turn-key basis locally.

Mulk Enpar  has a modern design, research and development as well as a production facility of solar panels – that could meet the growing demand for photovoltaic, parabolic trough and concentrated solar power (CSP). Mulk believs that green energy and solar power businesses are the most recession-proof businesses in the world and there is a growing demand for such producst thats why it is expanding .The company has since then, bagged contracts worth $500 million (Dh1.83 billion) to build solar power plants in India, Nigeria and Kenya . It is building a 170 megawatt solar power plant in India.

UAE  has already commissioned a 100 megawatt (MW) solar power plant, Shams I, in Abu Dhabi.

Also Dubai government launched a 1,000 MW solar power plant, Mohammed Bin Rashid Solar Park, construction of the first phase of which has been awarded to a US company, First Solar.

These are part of the massive renewable energy projects that are being implemented in the Middle East. Investment in renewable energy projects jumped 40 per cent last year to $2.9 billion (Dh10.7 billion) over the previous year and 650 per cent from 2004.

Since 2008, modern renewable energy production has grown at a much faster
rate than fossil fuels and, with 106 renewable energy projects currently in the pipeline, this trend is likely to continue. By implementing ambitious targets, and enabling strong regulatory and institutional frameworks, governments across the region are driving the growth of renewable energy, and showing growing recognition of its broad macro-economic benefits

As of April 2013, the Middle East and North Africa (MENA) region had 106 renewable energy projects in the pipeline, totalling over 7.5 GW—an almost 4.5-fold increase over existing renewable capacity (hydropower excluded), the report said.