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PV demand in the Middle East and Africa is expected to grow by 170% in 2018

 Last Update: 2022-12-28
 Source: Internet
 Author: User

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According to GTM Research, PV demand in the Middle East and Africa is expected to grow by 170%
in 2018.

PV deployments in the region are expected to reach 3.
6GW this year and 20GW
in 2020.
The region will install a cumulative 83.
7GW of PV installed capacity
between 2018-2023.

The report also revealed that 12.
3GW of utility-scale solar projects are currently under construction, with another 21GW of solar projects in the pre-contract stage
.

Major utility-scale tenders such as Saudi Arabia, Egypt and the UAE have boosted regional demand, with Africa expected to contribute more than 6.
4GW of solar capacity from 2020, while Saudi Arabia and the UAE will account for half
of all new solar capacity in the region by 2023.

GTM Research expects new installed capacity in the global solar market to decline to 85.
2GW in 2018, mainly due to China's decision to limit its two major markets, utility-scale and distributed generation (DG),
by the end of May.

According to GTM Research, PV demand in the Middle East and Africa is expected to grow by 170%
in 2018.

photovoltaic

PV deployments in the region are expected to reach 3.
6GW this year and 20GW
in 2020.
The region will install a cumulative 83.
7GW of PV installed capacity
between 2018-2023.

The report also revealed that 12.
3GW of utility-scale solar projects are currently under construction, with another 21GW of solar projects in the pre-contract stage
.

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