Solar Energy in Saudi Arabia

– The applications of solar energy exploitation are multiple, the most important of which is the technology to convert this energy into electric energy. Statista’s global research and statistics platform is expected to reach 0.26 billion KWh in 2023. The annual growth rate is expected to be 3.42% (CAGR 2023-2028).
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– The size of the Kingdom’s solar cell imports (HS code: 854,143) was $188.9 million in 2022 and is expected to continue to grow according to the global platform Index Box (CAGR of + 10.8%) to $429.3 million in 2030.
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– The majority of Saudi market imports of solar cells imported from China (48.9%) followed by the United States (17.2%), Japan, Canada and Germany…
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