Falling solar prices are leading to a new energy strategy for the United Arab Emirates as local energy companies offer unbeatable prices that make green hydrogen increasingly affordable.

A new report by Wood Mackenzie suggests that rapid solar module technology innovations in the next decade will lead to significant increases in module power class, better performance and more versatile applications. Technology and lower capex will be key to sector growth, it adds.

China’s Yingli Solar is partnering with a number of high-profile players in its domestic market to achieve mutually beneficial endeavors and promote the country’s clean energy sector.