Middle East and North African (MENA) countries will spend billions of dollars over the next decade to modernize their electric grids and add solar generation resources. This spending will include $9.8 billion cumulatively for smart grid infrastructure by 2024. Smart grid will enable the incorporation of $27.9 billion in new solar resources. MENA countries can save between $1 billion to $3.5 billion per year by redirecting domestic energy consumption towards exports, according to a new study by Northeast Group, LLC.