Asia-Pacific (APAC) has become the world’s leading solar PV market, accounting for about 68 per cent of global installations by the mid-2020s, driven by rapid deployment growth over the past decade, according to GlobalData.
Desert Technologies (DT), a leading Saudi renewable energy company, has signed a major supply agreement with Astronergy for 13 MWp of high efficiency N-Type photovoltaic modules to support a flagship solar project in the Northern Region of Saudi Arabia.
The global solar PV modules and inverters market is forecast to reach $115.8 billion by 2030, largely driven by the Asia-Pacific (APAC) region with its strong policy initiatives, ambitious renewable energy targets, large-scale investments, rapid urbanisation, declining technology costs, and expanding solar manufacturing and innovation in major economies, according to GlobalData.
Oman Cables Industry, the Sultanate’s leading cables manufacturer and end-to-end solutions provider, is showcasing its comprehensive one-stop renewable-energy portfolio at the Solar & Storage Live 2025 at Riyadh Front.