With the world moving towards sustainable, greener and alternate sources of energy in order to reduce their carbon footprint, the energy and utilities sector is no exception. The industry is steaming ahead looking at ways, means and technologies to generate power using environmentally friendly methods – solar, wind, nuclear, hydro to name a few.
Global growth has continued to accelerate in Solar over recent years, showing CAGR of over 30%. This has been evident when looking at the Middle East, which is abundant in solar energy.
The Middle East benefits from a strong sun most time of the year, in which governments and industry continue to look at strategies and technologies, to maximise this aspect of renewable energy and leverage the power of the sun.