• April 29, 2024 10:42 am
  • New Delhi, Delhi

The increasing environmental concerns and strong government initiatives, advancements in technology and design are making solar PV systems more reliable, efficient, and cost-effective, driving the growth of Solar Photovoltaic (PV) Commercial and Industrial Distributed Generation Market. Furthermore, distributed solar PV systems increase energy security by providing backup power during outages and reducing the risk of grid disruptions which helps in market expansion. Saudi Arabia is a rapidly growing market for solar PVs in Middle East region. Middle East solar PV market was estimated at USD 2.66 Bn in 2022 and is expected to grow to USD 17.32 Bn in 2030 growing at a CAGR of 30.69% during the forecast period.

For More Information@ https://www.marketsandata.com/industry-reports/saudi-arabia-solar-pv-commercial-and-industrial-distributed-generation-market


New Delhi,Delhi