Market Research Report
Middle East Solar PV Market Outlook 2020
|Published by||Greentech Media Inc.||Product code||960523|
|Published||Content info||46 Pages
Delivery time: 1-2 business days
|Middle East Solar PV Market Outlook 2020|
|Published: September 9, 2020||Content info: 46 Pages||
Middle East solar is having a tumultuous 2020, but prices continue to march towards $10/Mwh. Covid-19, the oil price upheaval and the recession have resulted in a steep 76% decline in expected 2020 installations. This decline is mostly due to delayed or cancelled tenders and C&I installation friction, as businesses focus on core expenditures, but investor and off-taker appetite has not waned. Competition in the tenders that have awarded projects this year has continued to be fierce, and leading edge prices are quickly approaching $0.01/kWh.