27.04.2015 Views

Aarkstore - Saudi Arabia Solar Power Market Forecast and Opportunities, 2020

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. Browse full report @ http://goo.gl/pZdYTl

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.
Browse full report @ http://goo.gl/pZdYTl

SHOW MORE
SHOW LESS

You also want an ePaper? Increase the reach of your titles

YUMPU automatically turns print PDFs into web optimized ePapers that Google loves.

<strong>Aarkstore</strong> Enterprise<br />

<strong>Saudi</strong> <strong>Arabia</strong> <strong>Solar</strong> <strong>Power</strong> <strong>Market</strong> <strong>Forecast</strong> <strong>and</strong> <strong>Opportunities</strong>, <strong>2020</strong><br />

Browse Full Report @<br />

http://www.aarkstore.com/energy-power/111678/saudi-arabia-solarpower-market-forecast-<strong>and</strong>-opportunities<br />

Published: Apr. 2015| No. Of Pages: 97 Pages<br />

Summary<br />

<strong>Saudi</strong> <strong>Arabia</strong> consumes a large amount of fossil fuels to meet its domestic energy requirements, with transportation <strong>and</strong><br />

power sectors being the largest consumers of crude oil in the country. Over the couple of decades, consumption of<br />

crude oil in <strong>Saudi</strong> <strong>Arabia</strong> has increased significantly due to rising power dem<strong>and</strong> on account of increasing urbanization<br />

<strong>and</strong> industrialization. However, considering future energy requirements <strong>and</strong> concerns associated with increasing<br />

domestic oil consumption, Government of <strong>Saudi</strong> <strong>Arabia</strong> has announced a Renewable Energy Program involving an<br />

overall investment of USD109 billion to generate electricity from renewable energy sources. Being located within the<br />

equatorial Sunbelt <strong>and</strong> receiving abundant solar radiation throughout the year, <strong>Saudi</strong> <strong>Arabia</strong> offers immense potential<br />

for solar power generation.<br />

According to “<strong>Saudi</strong> <strong>Arabia</strong> <strong>Solar</strong> <strong>Power</strong> <strong>Market</strong> <strong>Forecast</strong> & <strong>Opportunities</strong>, <strong>2020</strong>”, solar power market in <strong>Saudi</strong> <strong>Arabia</strong><br />

isprojected to witness phenomenal growth over the next five years. In the coming years, solar energy would be<br />

generated in the country by employing both photovoltaic (PV) technology <strong>and</strong> concentrated solar power (CSP)<br />

technology. According to the government’s Renewable Energy Program, 54 GW of renewable energy capacity would be<br />

installed by 2032, which includes 41 GW of solar energy capacity.<br />

“<strong>Saudi</strong> <strong>Arabia</strong> <strong>Solar</strong> <strong>Power</strong> <strong>Market</strong> <strong>Forecast</strong> & <strong>Opportunities</strong>, <strong>2020</strong>” report elaborates following particulars about the<br />

solar power market in <strong>Saudi</strong> <strong>Arabia</strong>:<br />

• <strong>Saudi</strong> <strong>Arabia</strong> <strong>Solar</strong> <strong>Power</strong> <strong>Market</strong> Size, Share & <strong>Forecast</strong><br />

• Policy & Regulatory L<strong>and</strong>scape<br />

• Changing <strong>Market</strong> Trends & Emerging <strong>Opportunities</strong><br />

• Competitive L<strong>and</strong>scape & Strategic Recommendations<br />

Why You Should Buy This Report?<br />

• To gain an in-depth underst<strong>and</strong>ing of solar power market in <strong>Saudi</strong> <strong>Arabia</strong>.<br />

• To identify on-going trends <strong>and</strong> anticipated growth in the coming years.<br />

• To help industry consultants, solar energy producers, vendors <strong>and</strong> dealers to align their market-centric strategies


<strong>Aarkstore</strong> Enterprise<br />

• To obtain research based business decisions <strong>and</strong> add weight to presentations <strong>and</strong> marketing material<br />

• To gain competitive knowledge of leading players<br />

• To avail 10% customization in the report without any extra charges <strong>and</strong> get the research data or trends added in the<br />

report as per the buyer’s specific needs<br />

Report Methodology<br />

The information contained in this report is based upon both primary <strong>and</strong> secondary sources. Primary research included<br />

surveys with key stakeholders associated with solar power industry. Secondary research included an exhaustive search<br />

of relevant publications like company annual reports, financial reports <strong>and</strong> proprietary databases.<br />

You can order full Report @<br />

http://www.aarkstore.com/energy-power/111678/saudi-arabia-solar-power-market-forecast-<strong>and</strong>opportunities<br />

Table Of Content<br />

1. Research Methodology<br />

2. Analyst View<br />

3. Product Overview<br />

4. Global <strong>Solar</strong> <strong>Power</strong> <strong>Market</strong> Outlook<br />

5. <strong>Saudi</strong> <strong>Arabia</strong> <strong>Power</strong> Sector Outlook<br />

6. <strong>Saudi</strong> <strong>Arabia</strong> <strong>Solar</strong> <strong>Power</strong> <strong>Market</strong> Outlook<br />

6.1. <strong>Market</strong> Size & <strong>Forecast</strong><br />

6.1.1. By Value<br />

7. <strong>Saudi</strong> <strong>Arabia</strong> <strong>Solar</strong> Photovoltaic <strong>Market</strong> Outlook<br />

7.1. <strong>Market</strong> Size & <strong>Forecast</strong><br />

7.1.1. By Value<br />

8. <strong>Saudi</strong> <strong>Arabia</strong> Concentrated <strong>Solar</strong> <strong>Power</strong> <strong>Market</strong> Outlook<br />

8.1. <strong>Market</strong> Size & <strong>Forecast</strong><br />

8.1.1. By Value<br />

9. <strong>Market</strong> Dynamics<br />

9.1. Drivers


<strong>Aarkstore</strong> Enterprise<br />

9.2. Challenges<br />

10. <strong>Market</strong> Trends <strong>and</strong> Developments<br />

10.1. Declining Cost of PV Systems<br />

10.2. Use of <strong>Solar</strong> Energy for Water Desalination<br />

10.3. Large Utility Scale <strong>Solar</strong> <strong>Power</strong> Plants<br />

10.4. Concentrated <strong>Solar</strong> <strong>Power</strong><br />

10.5. Growing Trend towards Renewables<br />

11. Import Analysis<br />

12. Policy & Regulatory L<strong>and</strong>scape<br />

13. <strong>Saudi</strong> <strong>Arabia</strong> Economic Profile<br />

14. Competitive L<strong>and</strong>scape<br />

14.1. Suntech <strong>Power</strong> Holdings Co., Ltd.<br />

14.2. Canadian <strong>Solar</strong> Inc.<br />

14.3. <strong>Solar</strong> Frontier K.K<br />

14.4. Soitec<br />

14.5. ReneSola Ltd.<br />

14.6. Phoenix <strong>Solar</strong> AG<br />

14.7. Sun & Life<br />

14.8. Sun<strong>Power</strong> Corporation<br />

14.9. Abengoa S.A.<br />

14.10. National <strong>Solar</strong> Systems LLC<br />

15. Strategic Recommendations<br />

List Of Tables<br />

Table 1:Comparisons of Fuel Prices Paid by Electricity Producers in the <strong>Saudi</strong> <strong>Arabia</strong> with International Prices, 2013<br />

Table 2: <strong>Saudi</strong> <strong>Arabia</strong> Electricity Industry Outlook<br />

Table 3:<strong>Saudi</strong> <strong>Arabia</strong> <strong>Power</strong> Generation, By Company, 2013<br />

Table 4:<strong>Saudi</strong> <strong>Arabia</strong> <strong>Solar</strong> <strong>Power</strong> Projects Commissioned/Announced<br />

Table 5:Comparison of PV <strong>and</strong> CSP Technology<br />

Table 6:<strong>Solar</strong> Technology Cost Comparison in <strong>Saudi</strong> <strong>Arabia</strong>, 2012<br />

Table 7:<strong>Power</strong> Reduction Rate for Different Types of PV Due to Temperature<br />

Table 8:<strong>Saudi</strong> <strong>Arabia</strong> Desalination Water Production Cost, By Technology, By Energy Source, 2012<br />

Table 9:<strong>Saudi</strong> <strong>Arabia</strong> Import of Photosensitive Semi-conductor Devices, Country-Wise, By Value, 2008 - 2012 (USD<br />

Thous<strong>and</strong>)<br />

Table 10:<strong>Saudi</strong> <strong>Arabia</strong> Target <strong>Power</strong> Capacities, 2032


<strong>Aarkstore</strong> Enterprise<br />

Table 11:<strong>Saudi</strong> <strong>Arabia</strong> <strong>Solar</strong> <strong>Power</strong> Technology Specific Targets (MW)<br />

Table 12:KACARE Competitive Procurement Process (CPP) Key Features<br />

Table 13:Competitive Matrix, 2014<br />

List Of Figures<br />

Figure 1:Global <strong>Solar</strong> <strong>Power</strong> Installed, By Capacity, 2010 – <strong>2020</strong>F (GW)<br />

Figure 2:Global Photovoltaic <strong>Solar</strong> <strong>Power</strong> Installed, By Capacity, 2010 – <strong>2020</strong>F (GW)<br />

Figure 3:Global Concentrated <strong>Solar</strong> <strong>Power</strong> Installed, By Capacity, 2010 – <strong>2020</strong>F (GW)<br />

Figure 4:Fuel Types Used in Electricity Production, 2013<br />

Figure 5:<strong>Saudi</strong> <strong>Arabia</strong> Electricity Consumption, By Sector, 2013<br />

Figure 6: <strong>Saudi</strong> <strong>Arabia</strong> <strong>Power</strong> Generation, By Company, 2013<br />

Figure 7:<strong>Saudi</strong> <strong>Arabia</strong> Impact of Renewable <strong>Power</strong> on Fossil Fuel, 2013-2032<br />

Figure 8:<strong>Saudi</strong> <strong>Arabia</strong> <strong>Solar</strong> <strong>Power</strong> <strong>Market</strong> Size, By Value, 2015E–<strong>2020</strong>F (USD Million)<br />

Figure 9:<strong>Saudi</strong> <strong>Arabia</strong> Photovoltaic (PV) <strong>Market</strong> Size, By Value, 2015E–<strong>2020</strong>F (USD Million)<br />

Figure 10:<strong>Saudi</strong> <strong>Arabia</strong> Concentrated <strong>Solar</strong> <strong>Power</strong> (CSP) <strong>Market</strong> Size, By Value, 2016–<strong>2020</strong>F (USD Million)<br />

Figure 11:<strong>Saudi</strong> <strong>Arabia</strong> Horizontal <strong>Solar</strong> Radiation Map<br />

Figure 12:<strong>Saudi</strong> <strong>Arabia</strong> Renewable Energy Targets, 2014-2032 (MW)<br />

Figure 13: <strong>Saudi</strong> <strong>Arabia</strong> Oil & Gas Production <strong>and</strong> Consumption Trend, 2000, 2010 & <strong>2020</strong>E (Million Metric Tons)<br />

Figure 14:Competitive Procurement Round Process<br />

Figure 15:Canadian <strong>Solar</strong> Inc., Financial Analysis, 2009-2013<br />

Figure 16:Soitec, Financial Analysis, 2010-2014<br />

Figure 17:ReneSola Ltd., Financial Analysis, 2010-2013<br />

Figure 18:Phoenix <strong>Solar</strong> AG, Financial Analysis, 2009-2013<br />

Figure 19:Sun<strong>Power</strong> Corporation, Financial Analysis, 2009-2013<br />

Figure 20:Abengoa S.A., Financial Analysis, 2010-2014


<strong>Aarkstore</strong> Enterprise<br />

Related reports:<br />

Global Floating LNG <strong>Market</strong> 2015-2019<br />

Energy <strong>Market</strong>s in China<br />

Clean Energy <strong>Market</strong>s in China<br />

UK <strong>Power</strong> <strong>Market</strong> Outlook to 2025, Update 2015 - <strong>Market</strong> Trends, Regulations, <strong>and</strong> Competitive<br />

L<strong>and</strong>scape<br />

Diamond Offshore Drilling, Inc. (DO) - Financial <strong>and</strong> Strategic SWOT Analysis Review<br />

CLP Holdings Limited (2) - Financial <strong>and</strong> Strategic SWOT Analysis Review<br />

LNG Industry Outlook in Europe to 2019 - Capacity <strong>and</strong> Capital Expenditure <strong>Forecast</strong>s with Details of All<br />

Operating <strong>and</strong> Planned Terminals<br />

Alwar City Gas Distribution <strong>Market</strong> <strong>Forecast</strong> <strong>and</strong> <strong>Opportunities</strong>, 2040<br />

Global Vehicle Grade LNG <strong>Market</strong> <strong>Forecast</strong> <strong>and</strong> <strong>Opportunities</strong>, <strong>2020</strong><br />

United Arab Emirates Bab Project Panorama - Oil <strong>and</strong> Gas Upstream Analysis Report<br />

About <strong>Aarkstore</strong> Enterprise<br />

<strong>Aarkstore</strong> Enterprise is a leading provider of business <strong>and</strong> financial information <strong>and</strong> solutions worldwide. We<br />

specialize in providing online market business information on market research reports, books, magazines,<br />

conference at competitive prices, <strong>and</strong> strive to provide excellent <strong>and</strong> innovative service to our customers.<br />

Contact Details:<br />

<strong>Aarkstore</strong> Enterprise<br />

Phone: +91 998 729 5242 / +91 - 22 2756 4953<br />

Email: enquiry@aarkstore.com<br />

Our Website: http://www.aarkstore.com<br />

Our Blog : http://www.aarkstore.com/blog/<br />

Our News Section : http://www.aarkstore.com/news

Hooray! Your file is uploaded and ready to be published.

Saved successfully!

Ooh no, something went wrong!