July 25, 2018 — With the $200 billion GW Solar Power Plant and the $130 million Al-Khafji solar powered water desalination plan, Saudi Arabia’s solar panel market is expected to grow at CAGR of 30.2% between 2018 and 2024. In addition to the current investments, Saudi Arabia has also allocated $7 billion in the 2019 budget for development of renewable energy projects. The bulk of Saudi Arabia’s renewable energy is located in the Central region.
You also might be interested in
SAUDI ARABIAN MARKET Saudi Arabia Macroeconomic Developments • Saudi Arabia[...]