Saudi Arabia has set an ambitious target of installing more than 40 GW of Solar Power Capacity by 2032 of which 60% would be from Concentrated Solar Power (CSP) and remaining from Photovoltaics (PV). Concentrating solar power technology is being looked at as a path breaking initiative by the country as it will need to install much more CSP capacity than any other country has ever done while also continuing to develop other sources to achieve its overall renewable energy target. The CSP target could be responsible for the generation of 75 to 110 TWh of electricity per annum once it starts operations.

1. Saudi Arabia Set Ambitious Target of Installing More Than 40 GW of Solar Power Capacity by
2032
Saudi Arabia has set an ambitious target of installing more than 40 GW of Solar Power
Capacity by 2032 of which 60% would be from Concentrated Solar Power (CSP) and remaining
from Photovoltaics (PV). Concentrating solar power technology is being looked at as a path
breaking initiative by the country as it will need to install much more CSP capacity than any
other country has ever done while also continuing to develop other sources to achieve its
overall renewable energy target. The CSP target could be responsible for the generation of 75
to 110 TWh of electricity per annum once it starts operations.
Apart from the early technological feasibility studies, the subject has not been researched
much, as of now, but with CSP playing a pivotal role in the country’s renewable energy target
achievement, many studies to read the potential of the technology in the country will take
place.Together, CSP and PV will effect an increased exploitation of the country’s enormous
solar power potential and will be responsible for cleaner power production. The solar power
development will augment the government’s efforts in realizing its renewable energy targets
to help the country develop sustainably.
According to research report “GCC Renewable Energy Sector Analysis”, solar holds the key to
renewable energy development in the GCC region as it is the single most abundant renewable
source of energy available there. Power produced from solar energy is efficient and cheaper
as compared to other renewable sources of energy. The research report investigates the solar
power potential of the region and individual countries. Huge investments and research studies
are happening in efforts to tap the solar energy in the region as part of the renewable energy
development. Almost 85 to 90% of the money being spent on renewable energy development
is being put in solar energy. The “GCC Renewable Energy Sector Analysis” research report
documents all the initiatives being taken in the individual countries to help boost their power
production from solar energy. The research report from KuicK research vitalizes solar energy
as a means to the targeted power production from renewable energy. The future of solar
power in the GCC region, according to the report, is as bright as sunshine.
For “GCC Renewable Energy Sector Analysis” report sample contact us at
info@kuickresearch.com