Saudi Arabia Solar Panel Market - Renewable Energy Market Report 2024

SAUDI ARABIA SOLAR PANEL MARKET 2024

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SUMMARY

Construction activities in the commercial, industrial, government and residential sectors are expected to further fuel the demand for solar panels in the region.Â

To reduce the current fiscal deficit and to increase the non-oil based revenues of the Kingdom, the government is planning to invest heavily in renewable energy sources such as solar and wind energy.

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OVERVIEW ON GROWTH

30.2%

SAUDI ARABIA SOLAR PANEL MARKET REVENUES ARE PROJECTED TO GROW AT A CAGR OF 30.2% DURING 2018-24.Â

$200 Billion AUDI ARABIA HAS SIGNED A MEMORANDUM OF UNDERSTANDING (MOU) WITH SOFTBANK GROUP TO BUILD WORLD LARGEST SOLAR PROJECT OF 200 GW WORTH $200 BILLION BY 2030

KEY PLAYERS

First Solar Canadian Solar Jinko Solar Trina Solar GTek Solar Desert Technologies

Energy and Power Market Research Reports KEY HIGHLIGHTS Market Drivers and Restraints Market Trends and Developments Players Market Share Company Profiles Strategic Recommendations and Others.

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Renewable Energy Market Report MARKETS COVERED

BY TYPES

Monocrystallin Polycrystalline Thin-film

BY APPLICATIONS

BY REGIONS

Residential Eastern Commercial Western Industrial Central Power Utilities Southern

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