MENA PV additions quadrupled in 2018

The Sweihan park in the United Arab Emirates and the first installations in the Benban complex in Egypt contributed half of the MENA region’s installed capacity in 2018, illustrating the importance of large PV parks to drive demand growth in the region. In 2019, these two countries will again contribute the bulk of the region’s PV additions, but we will also see growth in other markets, both through large-scale projects resulting from tenders, as well as distributed generation.

As the UAE and Egypt consolidate their positions as major PV markets in the region in 2019, neighboring countries are following suit. Awarded and announced tenders show how regulators across the region seek to benefit from the low bid prices for PV projects attained in previous tenders. By the end of 2018, 3.6 GW of PV projects had been awarded in tenders across the region, with the vast majority either fully installed or under construction. Read more