Title: Aarkstore - Saudi Arabia Solar Power Market Forecast and Opportunities, 2020
1Saudi Arabia Solar Power Market Forecast and
Opportunities, 2020
Energy Power Market Research Reports
2Summary
- Saudi Arabia consumes a large amount of fossil
fuels to meet its domestic energy requirements,
with transportation and power sectors being the
largest consumers of crude oil in the country.
Over the couple of decades, consumption of crude
oil in Saudi Arabia has increased significantly
due to rising power demand on account of
increasing urbanization and industrialization.
However, considering future energy requirements
and concerns associated with increasing domestic
oil consumption, Government of Saudi Arabia has
announced a Renewable Energy Program involving an
overall investment of USD109 billion to generate
electricity from renewable energy sources. Being
located within the equatorial Sunbelt and
receiving abundant solar radiation throughout the
year, Saudi Arabia offers immense potential for
solar power generation.According to Saudi
Arabia Solar Power Market Forecast
Opportunities, 2020, solar power market in Saudi
Arabia isprojected to witness phenomenal growth
over the next five years. In the coming years,
solar energy would be generated in the country by
employing both photovoltaic (PV) technology and
concentrated solar power (CSP) technology.
According to the governments Renewable Energy
Program, 54 GW of renewable energy capacity would
be installed by 2032, which includes 41 GW of
solar energy capacity.
3Report Methodology
- The information contained in this report is based
upon both primary and secondary sources. Primary
research included surveys with key stakeholders
associated with solar power industry. Secondary
research included an exhaustive search of
relevant publications like company annual
reports, financial reports and proprietary
databases.
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4Buy This Report to
- To gain an in-depth understanding of solar
power market in Saudi Arabia. To identify
on-going trends and anticipated growth in the
coming years. To help industry consultants,
solar energy producers, vendors and dealers to
align their market-centric strategies To obtain
research based business decisions and add weight
to presentations and marketing material To gain
competitive knowledge of leading players To
avail 10 customization in the report without any
extra charges and get the research data or trends
added in the report as per the buyers specific
needs
5Table of Content
- 1. Research Methodology 2. Analyst View3.
Product Overview4. Global Solar Power Market
Outlook5. Saudi Arabia Power Sector Outlook6.
Saudi Arabia Solar Power Market Outlook6.1.
Market Size Forecast6.1.1. By Value7. Saudi
Arabia Solar Photovoltaic Market Outlook7.1.
Market Size Forecast7.1.1. By Value8. Saudi
Arabia Concentrated Solar Power Market
Outlook8.1. Market Size Forecast8.1.1. By
Value9. Market Dynamics9.1. Drivers9.2.
Challenges
6List of Tables
- Table 1Comparisons of Fuel Prices Paid by
Electricity Producers in the Saudi Arabia with
International Prices, 2013Table 2 Saudi Arabia
Electricity Industry OutlookTable 3Saudi Arabia
Power Generation, By Company, 2013Table 4Saudi
Arabia Solar Power Projects Commissioned/Announced
Table 5Comparison of PV and CSP
Technology Table 6Solar Technology Cost
Comparison in Saudi Arabia, 2012Table 7Power
Reduction Rate for Different Types of PV Due to
TemperatureTable 8Saudi Arabia Desalination
Water Production Cost, By Technology, By Energy
Source, 2012Table 9Saudi Arabia Import of
Photosensitive Semi-conductor Devices,
Country-Wise, By Value, 2008 - 2012 (USD
Thousand)Table 10Saudi Arabia Target Power
Capacities, 2032Table 11Saudi Arabia Solar
Power Technology Specific Targets (MW)Table
12KACARE Competitive Procurement Process (CPP)
Key FeaturesTable 13Competitive Matrix, 2014
7List of Figures
- Figure 1Global Solar Power Installed, By
Capacity, 2010 2020F (GW)Figure 2Global
Photovoltaic Solar Power Installed, By Capacity,
2010 2020F (GW)Figure 3Global Concentrated
Solar Power Installed, By Capacity, 2010 2020F
(GW)Figure 4Fuel Types Used in Electricity
Production, 2013Figure 5Saudi Arabia
Electricity Consumption, By Sector, 2013Figure
6 Saudi Arabia Power Generation, By Company,
2013Figure 7Saudi Arabia Impact of Renewable
Power on Fossil Fuel, 2013-2032Figure 8Saudi
Arabia Solar Power Market Size, By Value,
2015E2020F (USD Million)Figure 9Saudi Arabia
Photovoltaic (PV) Market Size, By Value,
2015E2020F (USD Million)Figure 10Saudi Arabia
Concentrated Solar Power (CSP) Market Size, By
Value, 20162020F (USD Million)Figure 11Saudi
Arabia Horizontal Solar Radiation MapFigure
12Saudi Arabia Renewable Energy Targets,
2014-2032 (MW) - Figure 13 Saudi Arabia Oil Gas Production and
Consumption Trend, 2000, 2010 2020E (Million
Metric Tons)Figure 14Competitive Procurement
Round ProcessFigure 15Canadian Solar Inc.,
Financial Analysis, 2009-2013
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