Featured in The fertile solar crescent – 01-2018

Solar’s new fertile crescent

Middle Eastern PV: The Jordanian solar sector has enjoyed near-constant growth in recent years, proving that it is a market founded on a sustainable and reliable base. Investors have been wondering for a few years whether Egypt can follow Jordan’s example successfully, and the signs are good that 2018 will prove to be a strong year for Egypt’s solar development. pv magazine explains the forces driving this optimism.
From the banks of the Nile to the mountains of southern Iran, the sweep of land that comprises the bulk of the Middle East is blessed with exceptional solar irradiation, making it fertile ground for continued PV growth.

In many ways, Egypt over the last couple of years has purposely tried to copy Jordan’s solar energy policy success. In October 2014, for example, Egypt announced a feed-in tariff (FIT) scheme that was specifically designed to attract international investors to develop solar farms in the country.However, while its FIT scheme was underway, and successful …

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