The
increase,
from
an
almost
negligible
level
today,
reflects
the
wrenching
shift
from
incentive-led
markets
in
places
like
Germany
and
Italy
to
those
with
“fundamental
solar
drivers”,
such
as
lots
of
sun,
growing
electricity
demand,
and
high
power
prices.
Total
power-generation
capacity
in
the
Gulf
Cooperation
Council,
comprising
the
Arab
states
around
the
Persian
Gulf,
is
expected
to
rise
by
at
least
60GW
over
the
next
five
years,
fuelled
by
population
growth,
urbanization
and
economic
expansion
in
the
region.
The
rapid
blossoming
of
the
MENA
market,
home
to
many
of
the
world’s
largest…