25 Apr '14, 10am

PV demand in Africa and Middle East set to triple by 2018 - Solarbuzz: PV demand in the Middle East and Africa...

Demand for solar in Africa and the Middle East is set to triple by 2018. Image: African Solar Designs. PV demand in the Middle East and Africa is set to grow by 50% this year and more than triple by 2018 as countries such as Saudi Arabia begin serious levels of solar deployment. According to the latest predictions from market research firm NPD Solarbuzz, annual PV demand in the region is set to grow to 4.4GW by 2018, up from a forecast 1.6GW this year. The region has already seen significant growth, having gone from 140MW of new capacity added in 2012 to over 1GW in 2013. This hike was down to the growing significance of on-grid PV in a region that had previously been dominated by small-scale off-grid applications. This trend is set to continue, with Solarbuzz predicting that by 2018 large-scale ground-mount projects will account for 70% of the region’s total demand. “Sola...

Full article: http://www.pv-tech.org/news/pv_demand_in_africa_and_middl...

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