Solar manufacturing in the Middle East and North Africa (MENA) region is projected to reach 44 GW by 2029, according to analysis by Wood Mackenzie. The consultancy is also expecting installations in the region to exceed 140 GW by the end of the decade.
[pdf] Wood Mackenzie notes that several top 20 manufacturers are planning to establish production facilities in Egypt, Oman, Saudi Arabia, Qatar, and the UAE. This move is driven by the need to diversify geographically amid rising trade tensions and market barriers globally.
[pdf] During the third quarter of 2024, China’s total photovoltaic module exports to the Middle East reached 7.43GW, a 2% decrease from 7.59GW in the second quarter but a significant 68% increase from 4.42GW in the same period last year.
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