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Chinese Solar Industry Targets Booming Middle East

Source: www.gulfoilandgas.com 1/4/2017, Location: Asia

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Chinese solar panel manufacturers are targeting the Middle East, North Africa, and South Asia markets, with large-scale investment in renewable energy expected to drive a rapid increase in demand for imported technology.

Local demand has underpinned the rise of China’s solar energy industry, but faced by a slowdown in domestic solar energy projects and reduced subsidies, manufacturers are looking to increase their already large export trade as the key to future growth. Emerging markets offer some of the strongest opportunities, particularly in regions with high levels of solar intensity.

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