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[PV Magazine] MENA markets to exceed 3GW annually by 2015
2013-01-11 09:20:59 8183 0
[MENA markets to exceed 3GW annually by 2015]

GTM Research's new report "Middle East and North Africa Solar Market Outlook, 2013-2017" forecasts that the annual solar market in MENA countries will reach nearly 3.5GW by 2015. This will encompass 8% of total global demand in 2015. The report was supported by the Emirates Solar Industry Association.
GTM Research believes that the overall regional outlook is at more than 10 GW through 2017. However, the majority of this demand will be established by 2015 when many projects throughout the region see commercial operation. GTM Research's report states that Saudi Arabia and Turkey will have the highest demand with Saudi Arabia looking to be the region's first gigawatt-scale market by 2015. Nearly 70% of the demand is expected to come from Saudia Arabia and its K.A. CARE program and secondly, Turkey.



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By: Shamsiah Ali-Oettinger