Not only is there great potential for using solar energy in Saudi Arabia and throughout the GCC, but the region has a strong competitive advantage in the manufacture and assembly of many solar energy products.
Our consultants have extensive experience in the solar industry and have identified over 20 investment opportunities that capitalise on local raw materials, existing operations and solar investment programmes.
We estimate that investment in solar power installations and solar desalination plants in the GCC will reach $ 12 billion per year by 2020. It is expected that this investment will be evenly split between photovoltaics, concentrated solar thermal and desalination technologies.
Business & Economic Consultants
Arabian BEC Ltd.
The developing GCC solar industry cluster
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