The climate types in the Middle East are mainly tropical desert climate, Mediterranean climate, and temperate continental climate. Among them, the tropical desert climate is the most widely distributed. Statistics show that solar energy resources in the Middle East account for 45% of global renewable energy.

1. The Middle East market has huge potential

（1）The first is natural conditions. The Middle East, especially the Gulf countries, are mostly located in desert areas, and the duration of sunlight is much longer than that of other parts of the world. In some parts of the Middle East, the intensity of sunlight is even more than twice that of Europe. Therefore, the natural conditions for the development of the photovoltaic industry in the local area are relatively good.

（2）The second is the promotion of regional economic development. With the increase in oil prices in recent years, the Middle East, especially the oil-producing countries, has developed rapidly. Economic development and population increase have directly led to an increase in the demand for electricity, which has created conditions for promoting the development of the photovoltaic industry.

（3）The third is crisis awareness. The crisis awareness of limited oil and limited resources in the Middle East countries is increasing day by day. For oil-producing countries, they hope to solve the domestic electricity problem through the development of renewable energy.

（4）The fourth is environmental factors. Because the development of renewable energy can help reduce greenhouse gas emissions, countries in the Middle East also want to solve environmental problems through the development of clean energy.

2. Cost reduction in the photovoltaic market

(1) Technical cost reduction.

The transformation of polycrystalline silicon to monocrystalline silicon technology, the advancement of silicon wafer diamond wire technology, and the promotion of double-sided modules have saved the global photovoltaic industry billions of dollars in costs every year. The acceleration of technological progress is also the result of huge market demand.

(2) Reduced management and operation costs

New energy projects are emerging one after another, and the market capacity continues to expand, which is a huge attraction for global investors, contractors, and suppliers.

Large-scale photovoltaic companies are still entering the scene one after another to implement refined management and operation plans, financing optimization plans, and risk management and control plans, so as to effectively reduce costs and enhance competitiveness.

3. National policy preference

In the national development strategies of the Middle East countries, especially overseas countries, the development of new energy that can replace oil and gas resources and is in line with the development trend is an important support for economic diversification and response to the climate crisis. Therefore, great attention and policies have been given. tilt. The large project scale (usually ≥300MW) and the long PPA power purchase agreement period (usually 25-30 years) give developers the advantage of obtaining high-quality financing from financial institutions.

4. The general trend of new energy development

With the increasing maturity of new energy technologies, the economic, social and environmental benefits of new energy power generation have been brought into full play.

According to the prediction of relevant agencies, the global PV installed capacity is expected to reach 155GW in 2021. With the continuous optimization of photovoltaic power generation costs, various technological innovations continue to emerge. It is believed that the new round of photovoltaic power bidding will bring new opportunities to the global photovoltaic industry And challenges.

For countries in the Middle East, especially countries that rely heavily on traditional energy, the development of new energy can effectively reduce the country’s dependence on traditional oil and gas resources, promote diversification of economic development, create more job opportunities, and meet the needs of responding to the climate crisis and realizing economic development. The goal of sustainable development can be said to serve multiple purposes.

5. The Lebanese market is hot recently

(1) The State Grid Bankruptcy: The State Grid has only 3-6 hours of power supply, and only one hour in winter. The government has no money to buy energy, and the national level cannot solve the power supply problem. Individuals or factories want to use electricity only two ways, photovoltaics and diesel engines. Lebanon now has very few diesel and natural gas supplies, and can only use photovoltaics, otherwise it will not use electricity.

(2) U.S. political and economic sanctions.