Featured in Beyond low MENA tenders – 01-2019

Opportunity in diversity

MENA countries have made significant strides in recent years in the fostering of both large-scale and distributed solar market segments. However, some investors and developers may turn elsewhere for opportunities if there remains a predominance of large utility-scale projects dominated by a small number of players, writes Iwan Walters, a partner in the corporate practice of Eversheds Sutherland.

By

pv magazine

15 Jan 2019

Iwan is a partner in the corporate practice of Eversheds Sutherland and is head of clean energy and sustainability MENA. He is based in the firm’s Dubai office. Prior to relocating to Dubai in April 2018, Iwan worked for Eversheds Sutherland for 12 years in the U.K. His practice focuses on energy projects and clean energy projects in particular. Iwan’s clients range from utilities, through private equity and infrastructure funds, to banks and developers. He has advised on a wide variety of transactions including corporate reorganizations, joint ventures, equity and debt fund raising, mergers, and public takeovers. | Image: Ivan Walters/pv-magazine

The challenge for the MENA region is to create a buoyant solar market with a number of strong and competitive independent developers generating electricity and jobs in the region.Different MENA countries have achieved their current status in a number of different ways including government-led procurement programs for utility-scale solar projects, creating a regulatory framework enabling …

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