middle east

Solar PV Cost Competitive in Middle East, New Analysis Finds

Andrew wrote a few weeks ago on Saudi Arabia perhaps becoming the next solar hotspot, and we’ve written a few pieces recently on big projects or ideas for projects in the Middle East and North Africa (MENA) region. A new analysis by the Emirates Solar Industry Association (ESIA) and sponsored by international consultancy firm PwC contends that we may just be getting started with such stories, as solar photovoltaic (PV) power is now “cost competitive” with conventional fossil-fuel-based electricity generation (not even taking into account massive externalities).