Mega projects driving Middle East demand
The Middle East’s solar market is set to grow in 2025, provided stakeholders can navigate geopolitical, financial, and grid challenges that may delay or derail projects. InfoLink’s Jenny Lin examines key markets such as Saudi Arabia and the United Arab Emirates, and spotlights emerging ones such as Oman and Iran.
Total PV demand in the Middle East for 2025 is forecast at 28 GW to 40 GW – representing either 18% growth or an 18% contraction. A possible slowdown could occur if utility-scale projects experience delays, stifling overall growth, but if projects proceed as scheduled, the region’s market is likely to grow in 2025.Saudi Arabia …
Advertisement
Advertisement
Advertisement
Advertisement