Saudi Arabia Solar PV Market Forecast Report 2020 – 2027 – Top Key Players Analysis
The increasing solar PV installations, reduction of the carbon footprint, and low-cost energy generation are certain factors that are boosting the growth of the Saudi Arabia Solar PV market size. Moreover, the rising awareness and introduction of cutting edge designed e solar rooftop PV ill further have a positive impact on the market’s growth. The government is heavily investing in solar energy, and the increasing competitiveness of solar photovoltaic will further open new doors for the growth of the market.
Saudi Arabia plans to install 11 PV power ventures with a joined limit of 2,225 MW this year. The nation’s Solar based plan for 2023 has been updated up from 5.9 GW to 20 GW, and that for 2030 set at 40 GW. The biggest project is the Alfaisalia venture, with a limit of 600 MW. REPDO is focusing on installing another four ventures with a limit of 300 MW each named Rabigh, Jeddah, Alras, and Saad. According to the Saudi Arabia Solar PV market report, the increasing number of solar projects is further energizing the market’s demand.
Visit us: https://www.gmiresearch.com/report/saudi-arabia-solar-pv-market/
|Related Link: Click here to visit item owner's website (0 hit)|
|Target State: All States|
Target City : Dublin
Last Update : Aug 04, 2020
Number of Views: 26
|Item Owner : GMI Research|
Contact Phone: 08608812270
|Friendly reminder: Click here to read some tips.|