Saudi Arabia , Jordan , the United Arab Emirates , Oman and the United Arab Emirates are set to install 22.4 GW of solar capacity by 2023 , with 22.4 GW set for tender 2019 , according to GTM Research . Saudi Arabia, Bahrain, Jordan, Oman and the United Arab Emirates are expected to reach a cumulative installed PV capacity of around 22.4 GW by 2023, according to the Global Solar Market Attractiveness Index, which was released by U.S. market research company, GTM Research, in cooperation with the Saudi Arabia Solar Industry Association, Blue Horizon Energy and Global Energy Analytics. It said this year would see solid growth in the sector, thanks to a robust pipeline and reduced costs, but warned the heavy use of electricity subsidies was preventing the adoption of behind-the-meter distributed solar solutions, and criticised the lack of a level playing field. However, a slip in oil prices could see a change in subsidy policy.
Saudi Arabia , Jordan , the United Arab Emirates , Oman and the United Arab Emirates are set to install 22.4 GW of solar capacity by 2023 , with 22.4 GW set for tender 2019 , according to GTM Research . It said this year would see solid growth in the sector, thanks to a robust pipeline and reduced costs, but warned the heavy use of electricity subsidies was preventing the adoption of behind-the-meter distributed solar solutions, and criticised the lack of a level playing field. However, a slip in oil prices could see a change in subsidy policy.