Interview with with Vahid Fotuhi, President of ESIA
13 Sep 2012

Apricum: Saudi Arabia has just revealed its ambitious solar plan, foreseeing 41 GW of installed capacity in 2032. With this plan, is the Kingdom jumping to the top of solar markets in MENA?

ESIA: This is a huge initiative. It catapults Saudi Arabia into the pole position in terms of attracting investments in the solar sector. Everyone knew that the potential was there. Now Saudi Arabia has come out and communicated exactly how it will give life to that potential. The country’s solar industry is poised to become several times larger than all the other MENA solar markets put together. Essentially, all roads lead to Riyadh.

 

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