Grids key for Gulf solar
The year 2025 was quite an exciting one for renewable energy professionals in Saudi Arabia, the United Arab Emirates, and the rest of the Gulf Region. Marcus Schrauf, CEO at FAS Renewables looks back on a year that saw the first gigawatt-scale battery storage tenders, a few more gigawatt-scale PV auctions, as well as discussions about new regulations in Oman – all strong indicators of a continuously growing market in the Gulf.
Several M&A transactions were also concluded or launched, illustrating the presence of a solid secondary market in the region. Finally, some of the regional powerhouses have managed to execute large transactions and projects in the emerging Central Asian markets, as well as in Africa and Europe, showcasing the region’s global importance as an investor – …
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