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Saudi Arabia has signed a memorandum of understanding (MoU) with SoftBank Group to build world largest solar project of 200 GW worth $200 Billion by 2030. Saudi Arabia Solar Panel market revenues are projected to grow at CAGR 30.2% during 2018-24, likely to ramp up spending on renewable energy sector.<br>https://www.aarkstore.com/renewable-energy/966044/saudi-arabia-solar-panel-market-forecast
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SUMMARY Construction activities in the commercial, industrial, governmentandresidentialsectorsareexpectedtofurther fuelthedemandforsolarpanelsintheregion. Toreducethecurrentfiscaldeficitandtoincreasethenon-oil based revenues of the Kingdom, the government is planning to invest heavily in renewable energy sources such as solar and windenergy. +919987295242 contact@aarkstore.com
OVERVIEW ON GROWTH $200 30.2% Billion SAUDI ARABIA SOLAR PANEL MARKET REVENUES AR E PROJECTED TO GROW AUDIARABIAHASSIGNEDA MEMORANDUM OF UNDERSTANDING (MOU) WITH SOFTBANK GROUP TO BUILD WORLD LARGEST SOLAR PROJECT OF 200 GW WORTH $200BILLION BY 2030 OF 30.2% AT A CAGR DURING 2018-24.
KEY PLAYERS FirstSolar CanadianSolar JinkoSolar TrinaSolar GTekSolar DesertTechnologies
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MARKETS COVERED BY TYPES RenewableEnergyMarketReport BY APPLICATIONS BY REGIONS Residential Commercial Industrial PowerUtilities Eastern Western Central Southern Monocrystallin Polycrystalline Thin-film
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