Saudi Arabia: One of the worlds largest producers of petroleum products is taking a sharp turn from fossil fuels to the sun. The need to cut back on conventional fuel dependence and to bank in on the sun has fueled forecasts that Saudi Arabia will be the solar market to look out for in the year to come.
Storage market: Market activity in energy storage, as with most cleantech sectors, is tied to government strategies pertaining to industrial innovation. The three regions with the most innovative and dynamic economies, Asia Pacific, Europe, and North America, have developed distinct strategies for cleantech and, more specifically, for energy storage, as Anissa Dehamna from Pike Research (a part of Navigant) explains.
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