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The Middle East's Move To Renewable Energy Is Built On Solar Technology

2023 is proving to be a crucial year for the development and use of solar power in the Middle East region In the Middle East, where each country seeks to harness the power of Solar, another natural resource that is present in great quantity there, the prospect of accelerated solar capacity is felt more deeply than anywhere else Innovation in solar PV panels is the most crucial step happening in the solar sector The usage of panels has been updated to Mono as well as bifacial from the traditional polycrystalline. Bifacial glass-to-glass panels are an important innovation in the recent past and are being widely accepted in the gulf region due to desert terrain

Saudi Arabia declared that it would be the first nation to completely stop using gasoline by the year 2030 In addition, the Kingdom is constructing the world's first solar farm and wants to create a second one the following year They are even considering exporting their newly discovered solar electricity Over the coming ten years, there will undoubtedly be a significant shift in the Middle East's domination of the energy market; nations like Kuwait are also taking comparable steps in this direction.

The Middle East has long been one of the largest consumers of energy in the world; their average daily consumption is 12 million barrels (bpd), and this number is only anticipated to rise But with the recent historic announcements of the construction of solar power facilities, the stage is set for an energy revolution in the area.

Based on technology, the Middle East solar PV market is categorized into monocrystalline silicon, thin-film, multi-crystalline silicon, and others Amongst all the obtainable technologies, Mono solar panels hold supreme efficacy. Long operational life is the other chief feature that has been steering their adoption over the last few years It procured 55 3% in terms of shares in 2020

By installation, the market is classified into ground-mounted, rooftop, and others. Based on grid type, the market is segregated into on-grid and off-grid. By application, the market is divided into utilities, residential and non-residential

The usage of solar components in the region is almost level due to scorching heat and extremely high solar irradiation, low-quality solar components such as panels, inverters, structures, and tracking solutions will not sustain for a very long time The Middle East is blessed with sunny days more than 360 days in a year, but due to unawareness and the high cost of Solar penetration, the region was not adopting these technologies and depends more on fossil fuel sources of energy generation such as natural gas, Oil & gas plant, in terms of renewable the region was limited to bioenergy and hydropower

After the signing of the Paris Agreement by a few major countries in the Middle East, the growth of solar deployment has increased and with the advancement of solar cells the electricity generated from Solar become cheaper among the renewable and slowly it gain its market share and with the introduction of large wattage panels with higher efficiency, it's gained attracting in the region Countries adopting solar as the leading source of power generation among renewable, but the days are not too long before solar becomes the leading source of power generation in the middle east region

It is predicted that the Middle East will not only create 1 million jobs with an estimated $500 billion in investment in renewable energy over the next few years but will also increase its power capacity by 60% by 2023 According to a report from Bloomberg New Energy Finance (BNEF), "the region's oil industry is looking increasingly out of fashion as governments look to deploy more renewable and nuclear power Wind and solar PV are starting to look cheaper, on a purely economic basis, than oil-fired power plants Electricity demand growth is set to slow as a consequence of improving efficiencies in sectors such as transport and industry. Entirely possible too, with the emission of greenhouse gases being reduced by at least a third

Many Middle Eastern countries are implementing various technologies to facilitate easy access to solar electricity as a result of the major energy transition toward renewable sources, mainly solar Due to the sandy weather in the area, many developers use dust-free solar panels in their project locations Additionally, several nations in the Middle East have begun implementing distributed solar Energy storage systems, indicating that solar energy will become more and more important in the coming years The latest solar PV inverter, large solar panels with higher wattages, as well as bifacial modules, multi-layer cut cells, and other cutting-edge technologies are being tested by numerous Chinese enterprises in the area. After China and India, the region has emerged as Asia's solar powerhouse, and as a result, nations in the region, like the UAE and Saudi Arabia, have had access to the majority of solar technology's most recent innovations