Middle East Solar Market to Reach 3.5 Gigawatts by 2015
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Developers are expected to install about 3.5 gigawatts of solar power in the Middle East and North Africa in 2015, up from 149 megawatts that will be installed this year, driven by government support across the region and booming growth in Saudi Arabia and Turkey, according to GTM Research.
Demand for photovoltaic and solar-thermal systems will grow slowly and then skyrocket in 2015 when “the large bulk” of projects from a Saudi program will go into operation, Scott Burger, an analyst with the Boston-based research company, said today in an interview.