UAE Solar Energy Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

The Report Covers United Arab Emirates Solar Energy Market Size & Share and It is Segmented by Technology (Photovoltaic and Concentrated Solar Power (CSP)) and Deployment (Utility, Commercial and Industrial, and Residential). The Report Offers Market Size and Forecasts are Provided in Installed Capacity for all the Above Segments.

UAE Solar Energy Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

UAE Solar Energy Market Size

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United Arab Emirates Solar Energy Market Overview
Study Period 2020 - 2030
Base Year For Estimation 2024
Forecast Data Period 2025 - 2030
Market Volume (2025) 10.70 gigawatt
Market Volume (2030) 48.85 gigawatt
CAGR 35.48 %
Market Concentration Medium

Major Players

United Arab Emirates Solar Energy Market Major Players

*Disclaimer: Major Players sorted in no particular order

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UAE Solar Energy Market Analysis

The United Arab Emirates Solar Energy Market size in terms of installed base is expected to grow from 10.70 gigawatt in 2025 to 48.85 gigawatt by 2030, at a CAGR of 35.48% during the forecast period (2025-2030).

  • Over the medium term, factors such as encouraging government policies and pressure to meet the power demand using renewable energy to decrease dependency on fossils and decrease carbon footprints are significant contributors to the market's growth.
  • On the other hand, the rising adoption of alternative clean energy sources is expected to restrain market growth.
  • Nevertheless, with the adaption of the visionary UAE Energy Strategy 2050, the country is set to increase its clean energy share to 44% by 2050 by investing in nuclear and solar energy. It, in turn, is expected to create several opportunities for the United Arab Emirates solar energy market in the future.

UAE Solar Energy Industry Overview

The United Arab Emirates solar energy market is semi-fragmented. Some key market players (not in particular order) include Masdar (Abu Dhabi Future Energy Company), Sunergy Solar, MAYSUN SOLAR FZCO, ACWA Power, and CleanMax Mena FZCO.

UAE Solar Energy Market Leaders

  1. Masdar (Abu Dhabi Future Energy Company)​

  2. Sunergy Solar

  3. MAYSUN SOLAR FZCO

  4. ACWA Power

  5. CleanMax Mena FZCO

  6. *Disclaimer: Major Players sorted in no particular order
Masdar (Abu Dhabi Future Energy Company)​, Sunergy Solar, MAYSUN SOLAR FZCO, ACWA Power, and CleanMax Mena FZCO
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UAE Solar Energy Market News

  • May 2023: ADNOC Distribution announced a key partnership with Emerge, a joint venture between EDF and Masdar, to develop on-site solar power across its service station network. The project will commence in Dubai in 2023 to generate clean energy.
  • January 2023: Suntech delivered all 680MW solar modules for China Machine Engineering Corporation (CMEC)'s Al Dhafra PV2 Solar Power Plant in the United Arab Emirates. It further advances the construction of the world's largest single-site solar power plant.

UAE Solar Energy Market Report - Table of Contents

1. INTRODUCTION

  • 1.1 Scope of the Study
  • 1.2 Market Definition
  • 1.3 Study Assumptions

2. RESEARCH METHODOLOGY

3. EXECUTIVE SUMMARY

4. MARKET OVERVIEW

  • 4.1 Introduction
  • 4.2 Installed Capacity and Forecast, till 2028
  • 4.3 Recent Trends and Developments
  • 4.4 Government Policies and Regulations
  • 4.5 Market Dynamics
    • 4.5.1 Drivers
    • 4.5.1.1 Rising Government Policies to Support Solar PV Installation
    • 4.5.1.2 Rising Installation of Renewable Energy to Reduce Dependency on Fossil Fuels
    • 4.5.2 Restraints
    • 4.5.2.1 Rising Adoption of Alternative Clean Energy Sources such as Wind, Geothermal, Bioenergy, and Others
  • 4.6 Supply Chain Analysis
  • 4.7 PESTLE Analysis

5. MARKET SEGMENTATION

  • 5.1 Technology
    • 5.1.1 Photovoltaic
    • 5.1.2 Concentrated Solar Power (CSP)
  • 5.2 Deployment
    • 5.2.1 Utility
    • 5.2.2 Commercial and Industrial
    • 5.2.3 Residential

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 Canadian Solar Inc.
    • 6.3.2 JinkoSolar Holding Co. Ltd
    • 6.3.3 Masdar (Abu Dhabi Future Energy Company)
    • 6.3.4 Sunergy Solar
    • 6.3.5 City Solar
    • 6.3.6 Enerwhere
    • 6.3.7 ACWA Power
    • 6.3.8 MAYSUN SOLAR FZCO
    • 6.3.9 CleanMax Mena FZCO
  • *List Not Exhaustive

7. MARKET OPPORTUNITIES AND FUTURE TRENDS

  • 7.1 The Adaption Of Visionary United Arab Emirates Energy Strategy 2050
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UAE Solar Energy Industry Segmentation

Solar energy is heat and radiant light from the Sun that can be harnessed with technologies such as solar power (used to generate electricity) and solar thermal energy (used for applications such as water heating).

The United Arab Emirates solar energy market is segmented by technology and deployment. By technology, the market is segmented into solar photovoltaic (PV) and concentrated solar power (CSP). By deployment, the market is segmented into utility, commercial and industrial, and residential. For each segment market sizing and forecasts are based on installed capacity.

Technology Photovoltaic
Concentrated Solar Power (CSP)
Deployment Utility
Commercial and Industrial
Residential
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UAE Solar Energy Market Research FAQs

How big is the United Arab Emirates Solar Energy Market?

The United Arab Emirates Solar Energy Market size is expected to reach 10.70 gigawatt in 2025 and grow at a CAGR of 35.48% to reach 48.85 gigawatt by 2030.

What is the current United Arab Emirates Solar Energy Market size?

In 2025, the United Arab Emirates Solar Energy Market size is expected to reach 10.70 gigawatt.

Who are the key players in United Arab Emirates Solar Energy Market?

Masdar (Abu Dhabi Future Energy Company)​, Sunergy Solar, MAYSUN SOLAR FZCO, ACWA Power and CleanMax Mena FZCO are the major companies operating in the United Arab Emirates Solar Energy Market.

What years does this United Arab Emirates Solar Energy Market cover, and what was the market size in 2024?

In 2024, the United Arab Emirates Solar Energy Market size was estimated at 6.90 gigawatt. The report covers the United Arab Emirates Solar Energy Market historical market size for years: 2020, 2021, 2022, 2023 and 2024. The report also forecasts the United Arab Emirates Solar Energy Market size for years: 2025, 2026, 2027, 2028, 2029 and 2030.

Solar Power in UAE Industry Report

The United Arab Emirates (UAE) solar energy market has experienced substantial growth, driven by supportive government policies, decreasing costs of solar technologies, and a heightened awareness of the environmental benefits of renewable energy. The United Arab Emirates Solar Power market is characterized by a dynamic ecosystem influenced by various factors, including government initiatives, technological advancements, and market competition. Key market segments include solar photovoltaic (PV) systems, which dominate the market, and concentrated solar power (CSP) plants. Despite challenges such as grid integration and land availability, opportunities abound in distributed generation, energy storage, and solar desalination. Solar Energy companies in UAE are poised to benefit from the market's future outlook, which remains optimistic with ongoing investments and technological advancements expected to drive further growth and contribute to a cleaner and more sustainable energy landscape. Statistics for the United Arab Emirates Solar Energy market share, size, and revenue growth rate, created by Mordor Intelligence™ Industry Reports, provide a comprehensive analysis. The United Arab Emirates Solar Energy analysis includes a market forecast outlook and historical overview. Get a sample of this industry analysis as a free report PDF download.