Middle East & Africa Solar Photovoltaic Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

Middle-East and Africa Solar Photovoltaic (PV) Market is Segmented by End-User (Residential, Commercial, and Utility) and Geography (United Arab Emirates, Egypt, Saudi Arabia, South Africa, and the Rest of the Middle East and Africa). The report offers the market size and forecasts in installed capacity (MW) for all the above segments.

Middle-East and Africa Solar Photovoltaic (PV) Market Size and Share

MEA Solar Photovoltaic (PV) Market Summary
View Global Report

Middle-East and Africa Solar Photovoltaic (PV) Market Analysis by Mordor Intelligence

The Middle-East and Africa Solar Photovoltaic Market is expected to register a CAGR of greater than 12% during the forecast period.

The market was moderately affected by the Covid-19 pandemic, as power demand fell across the region, delaying several projects. However, the market has since rebounded and is expected to grow steadily during the forecast period.

  • Over the long term, the exploitation of the high solar potential of the region, which results in a low Levelized Cost of Energy (LCOE), is expected to drive the market during the forecast period.
  • On the other hand, the abundant availability of oil and gas for power generation and rising investments in the sector are expected to restrain the market during the forecast period.
  • Nevertheless, developing a regional solar manufacturing industry is expected to be a significant opportunity for the market beyond the forecast period.

The United Arab Emirates to Dominate the Market

  • United Arab Emirates has multiple policies and plans like The UAE Vision 2021, the Green Growth Strategy, the UAE Future Strategy, the UAE Centennial Plan (2071), the UAE Climate Plan, and UAE Energy Plan 2050, which will be assisting in the growth of solar photovoltaics in the region.
  • It is estimated that during 2021-2025, the installed photovoltaic capacity is expected to increase fourfold from now to the end of 2025, increasing from its 2.6 GW level to reach 8.5 GW, which will constitute roughly 94% of the country's solar capacity. Among the seven emirates, most of the new solar capacity is expected to be concentrated in Dubai and Abu Dhabi,
  • Four solar projects, which are all at various stages of development, namely the Al Dhafra (2GW), Abu Dhabi PV3 (1.5GW), and the fourth (950MW) and fifth (900MW) phases of the Mohammad bin Rashid Al Maktoum (MBR) solar facility, are expected to drive the growth of the UAE segment of the market during the forecast period.
  • The United Arab Emirates had a 2.6 GW installed capacity of solar photovoltaics in 2021, which accounts for nearly one-third of the Middle East's total solar photovoltaic capacity. The projects mentioned above and policies are expected to also add significant capacity in the forecast period.
MEA Solar Photovoltaic (PV) Market : Installed Solar Photovoltaic (PV) Capacity, in MW, the United Arab Emirates, 2017-2021

Competitive Landscape

The Middle East and Africa solar photovoltaic (PV) market is moderately fragmented. Some major companies (in no particular order) include First Solar Inc, Jinko Solar Holding Co Ltd, ACWA Power, Canadian Solar Inc, and Enerwhere Sustainable Energy DMCC.

Middle-East and Africa Solar Photovoltaic (PV) Industry Leaders

  1. JinkoSolar Holding Co Ltd.

  2. First Solar Inc

  3. Enerwhere Sustainable Energy DMCC

  4. Canadian Solar Inc

  5. ACWA Power

  6. *Disclaimer: Major Players sorted in no particular order
Market Concentration-Middle-East and Africa Solar Photovoltaic (PV) Market.png
Need More Details on Market Players and Competitors?
Download PDF

Recent Industry Developments

  • In December 2022, Yemen's Ministry of Electricity signed a joint cooperation agreement with Masdar to build a 120-MW solar park in Aden to alleviate peoples' suffering in the war-ravaged Arab country. Under the agreement, Masdar will also build transmission lines and conversion stations to distribute the solar park's energy to the city's neighborhoods.
  • In November 2022, Oman Power and Water Procurement Compan (OPWP) announced the launch of a tender to select independent power producers (IPPs) to develop the 500 MW Ibri III Solar IPP Project. The solar power project is scheduled to be commissioned by Q4 2026.

Table of Contents for Middle-East and Africa Solar Photovoltaic (PV) Industry Report

1. INTRODUCTION

  • 1.1 Scope of Study
  • 1.2 Market Definiton
  • 1.3 Study Assumptions

2. RESEARCH METHODOLOGY

3. EXECUTIVE SUMMARY

4. MARKET OVERVIEW

  • 4.1 Introduction
  • 4.2 Installed Capacity and Forecast in MW, till 2028
  • 4.3 Recent Trends and Developments
  • 4.4 Government Policies and Regulations
  • 4.5 Market Dynamics
    • 4.5.1 Drivers
    • 4.5.2 Restraints
  • 4.6 Supply Chain Analysis
  • 4.7 Porter's Five Forces Analysis
    • 4.7.1 Bargaining Power of Suppliers
    • 4.7.2 Bargaining Power of Consumers
    • 4.7.3 Threat of New Entrants
    • 4.7.4 Threat of Substitute Products and Services
    • 4.7.5 Intensity of Competitive Rivalry

5. MARKET SEGMENTATION

  • 5.1 End-User
    • 5.1.1 Residential
    • 5.1.2 Commercial
    • 5.1.3 Utility
  • 5.2 Geogrpahy
    • 5.2.1 The United Arab Emirates (UAE)
    • 5.2.2 Egypt
    • 5.2.3 Saudi Arabia
    • 5.2.4 South Africa
    • 5.2.5 Rest of Middle-East and Africa

6. COMPETITIVE LANDSCAPE

  • 6.1 Mergers and Acquisitions, Joint Ventures, Collaborations, and Agreements
  • 6.2 Strategies Adopted by Leading Players
  • 6.3 Company Profiles
    • 6.3.1 JinkoSolar Holding Co. Ltd
    • 6.3.2 Canadian Solar Inc.
    • 6.3.3 Juwi Solar Inc.
    • 6.3.4 Wuxi Suntech Power Co. Ltd.
    • 6.3.5 Enerwhere Sustainable Energy DMCC
    • 6.3.6 First Solar Inc
    • 6.3.7 Dubai Electricity & Water Authority
    • 6.3.8 ACWA POWER BARKA SAOG
  • *List Not Exhaustive

7. MARKET OPPORTUNITIES AND FUTURE TRENDS

**Subject to Availability
You Can Purchase Parts Of This Report. Check Out Prices For Specific Sections
Get Price Break-up Now

Middle-East and Africa Solar Photovoltaic (PV) Market Report Scope

A photovoltaic system, also a PV system or solar power system, is an electric power system designed to supply usable solar power using photovoltaics, which converts sunlight to electricity directly.

The Middle East and Africa solar photovoltaic (PV) market is segmented by end-user and geography. By end-user, the market is segmented into residential, commercial, and utility. The report also covers the market size and forecasts for the photovoltaic (PV) market across major regional countries. For each segment, the market sizing and forecasts have been done based on installed capacity (MW).

End-User
Residential
Commercial
Utility
Geogrpahy
The United Arab Emirates (UAE)
Egypt
Saudi Arabia
South Africa
Rest of Middle-East and Africa
End-User Residential
Commercial
Utility
Geogrpahy The United Arab Emirates (UAE)
Egypt
Saudi Arabia
South Africa
Rest of Middle-East and Africa
Need A Different Region or Segment?
Customize Now

Key Questions Answered in the Report

What is the current Middle-East and Africa Solar Photovoltaic (PV) Market size?

The Middle-East and Africa Solar Photovoltaic (PV) Market is projected to register a CAGR of greater than 12% during the forecast period (2025-2030)

Who are the key players in Middle-East and Africa Solar Photovoltaic (PV) Market?

JinkoSolar Holding Co Ltd., First Solar Inc, Enerwhere Sustainable Energy DMCC, Canadian Solar Inc and ACWA Power are the major companies operating in the Middle-East and Africa Solar Photovoltaic (PV) Market.

What years does this Middle-East and Africa Solar Photovoltaic (PV) Market cover?

The report covers the Middle-East and Africa Solar Photovoltaic (PV) Market historical market size for years: 2020, 2021, 2022, 2023 and 2024. The report also forecasts the Middle-East and Africa Solar Photovoltaic (PV) Market size for years: 2025, 2026, 2027, 2028, 2029 and 2030.

Page last updated on:

Middle-East and Africa Solar Photovoltaic (PV) Market Report

Statistics for the 2025 Middle-East and Africa Solar Photovoltaic (PV) market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Middle-East and Africa Solar Photovoltaic (PV) analysis includes a market forecast outlook for 2025 to 2030 and historical overview. Get a sample of this industry analysis as a free report PDF download.

Middle-East and Africa Solar Photovoltaic (PV) Report Snapshots

Still interested in your FREE
sample report?

Report Illustration

Complete your form and get your market insights delivered to your inbox

Takes less than 10 seconds