Significant surge in solar panel demand sweeps across the UAE
Demand for solar panels in the UAE has increased by 40 per cent this year, supported by the public and private sectors' drive to transition to sustainable energy and significant financial savings compared to conventional electricity.
Significant surge in solar panel demand sweeps across the UAE
The Economics of Geography

Significant surge in solar panel demand sweeps across the UAE

Photo: iStock
Eurasia 03/01/2024 11:15

Demand for solar panels in the UAE has increased by 40 per cent this year, supported by the public and private sectors' drive to transition to sustainable energy and significant financial savings compared to conventional electricity.

Officials discussed the secrets behind solar success in the UAE.  "The high awareness of preserving the environment and the UAE's directions to preserve the climate is one of the most important motives for this type of energy."

They added: "The local market is witnessing a great momentum in solar energy systems, which have become easier and faster to implement, as well as in light of the early steps taken by the UAE to adopt clean energy technologies."

Mohammed Younis, Regional Sales Manager of UK Solar Power, said: "The markets are witnessing a growth in demand for solar panel systems sales by up to 40 per cent during the recent period, supported by the UAE's sustainable trends and the high awareness of individual and corporate customers, in addition to the factor of the decline in the cost of panels globally, by about 7 per cent, and its reflection on the cost of supply to the region's markets", Al Khaleej reported.

iStock
Kebun Jichang, Director of Projects and Marketing Strategies at the Taiwan Trade Development Council, explained that the recent period has witnessed a remarkable growth in the demand for power panels, with the development of their technologies significantly and their cost declining, compared to previous periods, noting that many Taiwanese companies provide innovative products for panels, which are suitable for the designs of exterior homes.
#UAE
See Also
Malaysian trade minister touts 'neutrality' to grow chip industry
Malaysian trade minister touts 'neutrality' to grow chip industry

Malaysia's geopolitical neutrality and strategic positioning are key selling points to multinational semiconductor companies looking for investment destinations.
Chinese Premier meets Elon Musk in Beijing
Chinese Premier meets Elon Musk in Beijing

Chinese Premier Li Qiang met with Elon Musk, CEO of the U.S. electric carmaker Tesla, in Beijing on Sunday, promising that China's market will always be open to foreign-funded firms, Xinhua reports.
China adds more than 3 million new urban jobs in Q1
China adds more than 3 million new urban jobs in Q1

China created a total of 3.03 million new urban jobs in the first quarter of the year,

We use cookies on our website. If you consent to their use, we use them to measure and analyze the use of the website.
Information and Settings

Accept