Solar-plus-storage in the Middle East and Africa: A market opportunity assessment
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In this report, we take a step back and assess the needs case and market opportunity for utility-scale solar-plus-storage across the MEA region. We focus on five spotlight markets: Egypt, Jordan, Morocco, South Africa and the United Arab Emirates (Dubai and Abu Dhabi). We assess the price competition of solar-plus-storage against gas out to 2023, as well as the markets structured to support and compensate the solar-plus-storage value stack, particularly in light of heavily subsidized domestic power and fuels.
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