MESIA report: Over 2 GW of solar to be tendered in 2016

The optimistic forecast in the Middle East Solar Association’s (MESIA) annual outlook concludes that 2016 will be characterized by increasingly lower levelized costs of solar power, as the region’s photovoltaic (PV) and Concentrating Solar Power (CSP) market will be spurred on, rather than slowed down, by low oil and gas prices.
MESIA expects 2,020 MW of solar generation capacity to be tendered in 2016. In particular in Egypt, Jordan and Morocco installations will grow year-on-year.

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