SlideShare a Scribd company logo
1 of 2
MENA Solar Energy Report 2014
An in-depth assessment of the fast-growing solar power market in the MENA region
The solar energy sector is a fast growing market in the region. With all countries now having
stated 2020 renewable energy targets and some of the best irradiation levels on Earth, solar
energy is the largest component of governments’ strategies to achieve such targets. As a
result, billions of dollars is set to be invested in large-scale, on-grid CSP and PV facilities as
well as small-scale, off-grid self-generating, rooftop panel, and solar-powered water heater
units.
MEED Insight’s latest market intelligence report, the MENA Solar Energy report, provides
a comprehensive overview of the solar (PV, CSP, and small-scale unit) market in the Middle
East focusing on the regulatory policies and strategies, key clients, fiscal incentives and
financing mechanisms and a detailed breakdown of current and future projects.
Prepared in co-ordination with the Middle East Solar Industry Association (Mesia), the
MENA Solar Energy report is the ultimate reference document for anyone involved in the
solar energy industry interested in winning or expanding business in the region.
Key benefits and features:
Access breakdown of over $50bn worth of solar energy opportunities in the region
Learn how you can take advantage of financing opportunities
Obtain rankings of the key players and their projects
Understand the key policies and regulations for solar energy development in each country
The report explores each country’s strategy and policy with regards to solar energy and
assesses what financing mechanisms and fiscal incentives have been implemented to achieve
their renewable energy ambitions.
The policy landscape section on each country looks at the key government players
responsible for solar energy development, the objectives and targets for solar energy
production, and the regulatory frameworks and mechanisms such as feed-in tariffs, quotas,
net metering and renewable energy certification that have been put in place to accelerate solar
energy development.
This research report also assesses the fiscal incentives available to investors whether they are
in the form of capital subsidies, investment/production credits or energy production
payments. It also examines financing opportunities such as project finance, development
bank aid and government funds that investors that can utilize to develop their projects.
Comprising more than 150 pages, the report provides a comprehensive breakdown of current
and future solar projects by technology, including clients, budgets, locations and other
relevant data.
Save time and investment on research and analysis. Gather exclusive data on the
MENA solar energy market through this in-depth examination.
Key figures
Of the 13 states covered in the report, installed electricity generating capacity totalled more
than 185,000MW at the end of 2012. Of this, over 6,800MW, representing 4 per cent of the
total, came from renewable energy sources.
The majority of existing renewable capacity comes in the form of hydroelectric power
plants with a total capacity of 5,603MW. Of the remaining renewable energy capacity in the
Mena region at the end of 2012, wind was by far the largest segment, totalling 1,038MW.
Installed solar capacity, excluding the thermal elements on integrated solar combined-cycle
(ISCC) schemes, stood at 205MW as of end 2013.
If renewable energy capacity targets are met by 2020, installed renewables capacity will
grow eightfold to just under 56,000MW. The estimated direct investment in these renewable
projects, excluding transmission and distribution investments, will be $190bn at 2013
prices. The 56,000MW figure is more than double the 27,000MW 2020 capacity target
announced by Arab states when this report was first written in late 2011, highlighting the
acceleration in interest in the renewables sector over the past two years.
The majority of this will be in the form of solar energy, particularly new CSP and ISCC
capacity. Investment in solar energy is likely therefore to be in excess of $50bn over the
next decade in the region.
Moses Thambi
Business Development
MEED Insight.
T +971 (0) 4 818 0356
M +971 56 696 9128
E moses.thambi@meed.com

More Related Content

Recently uploaded

Constitution of Company Article of Association
Constitution of Company Article of AssociationConstitution of Company Article of Association
Constitution of Company Article of Association
seri bangash
 

Recently uploaded (20)

Falcon Invoice Discounting Setup for Small Businesses
Falcon Invoice Discounting Setup for Small BusinessesFalcon Invoice Discounting Setup for Small Businesses
Falcon Invoice Discounting Setup for Small Businesses
 
Unveiling the Dynamic Gemini_ Personality Traits and Sign Dates.pptx
Unveiling the Dynamic Gemini_ Personality Traits and Sign Dates.pptxUnveiling the Dynamic Gemini_ Personality Traits and Sign Dates.pptx
Unveiling the Dynamic Gemini_ Personality Traits and Sign Dates.pptx
 
The Truth About Dinesh Bafna's Situation.pdf
The Truth About Dinesh Bafna's Situation.pdfThe Truth About Dinesh Bafna's Situation.pdf
The Truth About Dinesh Bafna's Situation.pdf
 
Raising Seed Capital by Steve Schlafman at RRE Ventures
Raising Seed Capital by Steve Schlafman at RRE VenturesRaising Seed Capital by Steve Schlafman at RRE Ventures
Raising Seed Capital by Steve Schlafman at RRE Ventures
 
Toyota Kata Coaching for Agile Teams & Transformations
Toyota Kata Coaching for Agile Teams & TransformationsToyota Kata Coaching for Agile Teams & Transformations
Toyota Kata Coaching for Agile Teams & Transformations
 
Copyright: What Creators and Users of Art Need to Know
Copyright: What Creators and Users of Art Need to KnowCopyright: What Creators and Users of Art Need to Know
Copyright: What Creators and Users of Art Need to Know
 
8 Questions B2B Commercial Teams Can Ask To Help Product Discovery
8 Questions B2B Commercial Teams Can Ask To Help Product Discovery8 Questions B2B Commercial Teams Can Ask To Help Product Discovery
8 Questions B2B Commercial Teams Can Ask To Help Product Discovery
 
FEXLE- Salesforce Field Service Lightning
FEXLE- Salesforce Field Service LightningFEXLE- Salesforce Field Service Lightning
FEXLE- Salesforce Field Service Lightning
 
The Ultimate Guide to IPTV App Development Process_ Step-By-Step Instructions
The Ultimate Guide to IPTV App Development Process_ Step-By-Step InstructionsThe Ultimate Guide to IPTV App Development Process_ Step-By-Step Instructions
The Ultimate Guide to IPTV App Development Process_ Step-By-Step Instructions
 
MichaelStarkes_UncutGemsProjectSummary.pdf
MichaelStarkes_UncutGemsProjectSummary.pdfMichaelStarkes_UncutGemsProjectSummary.pdf
MichaelStarkes_UncutGemsProjectSummary.pdf
 
Unleash Data Power with EnFuse Solutions' Comprehensive Data Management Servi...
Unleash Data Power with EnFuse Solutions' Comprehensive Data Management Servi...Unleash Data Power with EnFuse Solutions' Comprehensive Data Management Servi...
Unleash Data Power with EnFuse Solutions' Comprehensive Data Management Servi...
 
Using Generative AI for Content Marketing
Using Generative AI for Content MarketingUsing Generative AI for Content Marketing
Using Generative AI for Content Marketing
 
A Brief Introduction About Jacob Badgett
A Brief Introduction About Jacob BadgettA Brief Introduction About Jacob Badgett
A Brief Introduction About Jacob Badgett
 
Understanding UAE Labour Law: Key Points for Employers and Employees
Understanding UAE Labour Law: Key Points for Employers and EmployeesUnderstanding UAE Labour Law: Key Points for Employers and Employees
Understanding UAE Labour Law: Key Points for Employers and Employees
 
HR and Employment law update: May 2024.
HR and Employment law update:  May 2024.HR and Employment law update:  May 2024.
HR and Employment law update: May 2024.
 
TriStar Gold Corporate Presentation May 2024
TriStar Gold Corporate Presentation May 2024TriStar Gold Corporate Presentation May 2024
TriStar Gold Corporate Presentation May 2024
 
Constitution of Company Article of Association
Constitution of Company Article of AssociationConstitution of Company Article of Association
Constitution of Company Article of Association
 
How to refresh to be fit for the future world
How to refresh to be fit for the future worldHow to refresh to be fit for the future world
How to refresh to be fit for the future world
 
HAL Financial Performance Analysis and Future Prospects
HAL Financial Performance Analysis and Future ProspectsHAL Financial Performance Analysis and Future Prospects
HAL Financial Performance Analysis and Future Prospects
 
Hyundai capital 2024 1q Earnings release
Hyundai capital 2024 1q Earnings releaseHyundai capital 2024 1q Earnings release
Hyundai capital 2024 1q Earnings release
 

Featured

Social Media Marketing Trends 2024 // The Global Indie Insights
Social Media Marketing Trends 2024 // The Global Indie InsightsSocial Media Marketing Trends 2024 // The Global Indie Insights
Social Media Marketing Trends 2024 // The Global Indie Insights
Kurio // The Social Media Age(ncy)
 

Featured (20)

Skeleton Culture Code
Skeleton Culture CodeSkeleton Culture Code
Skeleton Culture Code
 
PEPSICO Presentation to CAGNY Conference Feb 2024
PEPSICO Presentation to CAGNY Conference Feb 2024PEPSICO Presentation to CAGNY Conference Feb 2024
PEPSICO Presentation to CAGNY Conference Feb 2024
 
Content Methodology: A Best Practices Report (Webinar)
Content Methodology: A Best Practices Report (Webinar)Content Methodology: A Best Practices Report (Webinar)
Content Methodology: A Best Practices Report (Webinar)
 
How to Prepare For a Successful Job Search for 2024
How to Prepare For a Successful Job Search for 2024How to Prepare For a Successful Job Search for 2024
How to Prepare For a Successful Job Search for 2024
 
Social Media Marketing Trends 2024 // The Global Indie Insights
Social Media Marketing Trends 2024 // The Global Indie InsightsSocial Media Marketing Trends 2024 // The Global Indie Insights
Social Media Marketing Trends 2024 // The Global Indie Insights
 
Trends In Paid Search: Navigating The Digital Landscape In 2024
Trends In Paid Search: Navigating The Digital Landscape In 2024Trends In Paid Search: Navigating The Digital Landscape In 2024
Trends In Paid Search: Navigating The Digital Landscape In 2024
 
5 Public speaking tips from TED - Visualized summary
5 Public speaking tips from TED - Visualized summary5 Public speaking tips from TED - Visualized summary
5 Public speaking tips from TED - Visualized summary
 
ChatGPT and the Future of Work - Clark Boyd
ChatGPT and the Future of Work - Clark Boyd ChatGPT and the Future of Work - Clark Boyd
ChatGPT and the Future of Work - Clark Boyd
 
Getting into the tech field. what next
Getting into the tech field. what next Getting into the tech field. what next
Getting into the tech field. what next
 
Google's Just Not That Into You: Understanding Core Updates & Search Intent
Google's Just Not That Into You: Understanding Core Updates & Search IntentGoogle's Just Not That Into You: Understanding Core Updates & Search Intent
Google's Just Not That Into You: Understanding Core Updates & Search Intent
 
How to have difficult conversations
How to have difficult conversations How to have difficult conversations
How to have difficult conversations
 
Introduction to Data Science
Introduction to Data ScienceIntroduction to Data Science
Introduction to Data Science
 
Time Management & Productivity - Best Practices
Time Management & Productivity -  Best PracticesTime Management & Productivity -  Best Practices
Time Management & Productivity - Best Practices
 
The six step guide to practical project management
The six step guide to practical project managementThe six step guide to practical project management
The six step guide to practical project management
 
Beginners Guide to TikTok for Search - Rachel Pearson - We are Tilt __ Bright...
Beginners Guide to TikTok for Search - Rachel Pearson - We are Tilt __ Bright...Beginners Guide to TikTok for Search - Rachel Pearson - We are Tilt __ Bright...
Beginners Guide to TikTok for Search - Rachel Pearson - We are Tilt __ Bright...
 
Unlocking the Power of ChatGPT and AI in Testing - A Real-World Look, present...
Unlocking the Power of ChatGPT and AI in Testing - A Real-World Look, present...Unlocking the Power of ChatGPT and AI in Testing - A Real-World Look, present...
Unlocking the Power of ChatGPT and AI in Testing - A Real-World Look, present...
 
12 Ways to Increase Your Influence at Work
12 Ways to Increase Your Influence at Work12 Ways to Increase Your Influence at Work
12 Ways to Increase Your Influence at Work
 
ChatGPT webinar slides
ChatGPT webinar slidesChatGPT webinar slides
ChatGPT webinar slides
 
More than Just Lines on a Map: Best Practices for U.S Bike Routes
More than Just Lines on a Map: Best Practices for U.S Bike RoutesMore than Just Lines on a Map: Best Practices for U.S Bike Routes
More than Just Lines on a Map: Best Practices for U.S Bike Routes
 
Ride the Storm: Navigating Through Unstable Periods / Katerina Rudko (Belka G...
Ride the Storm: Navigating Through Unstable Periods / Katerina Rudko (Belka G...Ride the Storm: Navigating Through Unstable Periods / Katerina Rudko (Belka G...
Ride the Storm: Navigating Through Unstable Periods / Katerina Rudko (Belka G...
 

Mena solar energy project report 2014 overview

  • 1. MENA Solar Energy Report 2014 An in-depth assessment of the fast-growing solar power market in the MENA region The solar energy sector is a fast growing market in the region. With all countries now having stated 2020 renewable energy targets and some of the best irradiation levels on Earth, solar energy is the largest component of governments’ strategies to achieve such targets. As a result, billions of dollars is set to be invested in large-scale, on-grid CSP and PV facilities as well as small-scale, off-grid self-generating, rooftop panel, and solar-powered water heater units. MEED Insight’s latest market intelligence report, the MENA Solar Energy report, provides a comprehensive overview of the solar (PV, CSP, and small-scale unit) market in the Middle East focusing on the regulatory policies and strategies, key clients, fiscal incentives and financing mechanisms and a detailed breakdown of current and future projects. Prepared in co-ordination with the Middle East Solar Industry Association (Mesia), the MENA Solar Energy report is the ultimate reference document for anyone involved in the solar energy industry interested in winning or expanding business in the region. Key benefits and features: Access breakdown of over $50bn worth of solar energy opportunities in the region Learn how you can take advantage of financing opportunities Obtain rankings of the key players and their projects Understand the key policies and regulations for solar energy development in each country The report explores each country’s strategy and policy with regards to solar energy and assesses what financing mechanisms and fiscal incentives have been implemented to achieve their renewable energy ambitions. The policy landscape section on each country looks at the key government players responsible for solar energy development, the objectives and targets for solar energy production, and the regulatory frameworks and mechanisms such as feed-in tariffs, quotas, net metering and renewable energy certification that have been put in place to accelerate solar energy development. This research report also assesses the fiscal incentives available to investors whether they are in the form of capital subsidies, investment/production credits or energy production payments. It also examines financing opportunities such as project finance, development bank aid and government funds that investors that can utilize to develop their projects. Comprising more than 150 pages, the report provides a comprehensive breakdown of current and future solar projects by technology, including clients, budgets, locations and other relevant data.
  • 2. Save time and investment on research and analysis. Gather exclusive data on the MENA solar energy market through this in-depth examination. Key figures Of the 13 states covered in the report, installed electricity generating capacity totalled more than 185,000MW at the end of 2012. Of this, over 6,800MW, representing 4 per cent of the total, came from renewable energy sources. The majority of existing renewable capacity comes in the form of hydroelectric power plants with a total capacity of 5,603MW. Of the remaining renewable energy capacity in the Mena region at the end of 2012, wind was by far the largest segment, totalling 1,038MW. Installed solar capacity, excluding the thermal elements on integrated solar combined-cycle (ISCC) schemes, stood at 205MW as of end 2013. If renewable energy capacity targets are met by 2020, installed renewables capacity will grow eightfold to just under 56,000MW. The estimated direct investment in these renewable projects, excluding transmission and distribution investments, will be $190bn at 2013 prices. The 56,000MW figure is more than double the 27,000MW 2020 capacity target announced by Arab states when this report was first written in late 2011, highlighting the acceleration in interest in the renewables sector over the past two years. The majority of this will be in the form of solar energy, particularly new CSP and ISCC capacity. Investment in solar energy is likely therefore to be in excess of $50bn over the next decade in the region. Moses Thambi Business Development MEED Insight. T +971 (0) 4 818 0356 M +971 56 696 9128 E moses.thambi@meed.com