Recording of Tuesday, September 01, 2026 | Intersolar Middle East Conference 2026 | Language: English | Duration: 20:11 .

The Solar Industry's Dynamic Growth and Future Prospects

The solar industry has rapidly expanded into a $500 billion annual market, leading global power generation investments. Installed solar capacity has surged from 7 gigawatts in 2006 to over 3.1 terawatts today, with recent projections anticipating an increase to 8 terawatts by 2030. This evolution has been driven by significant cost declines in solar technology, which have fallen from $100 per watt in the 1970s to approximately $0.10 today, with expectations of further reductions to $0.05 per watt by 2035. A hybrid approach, integrating solar with storage solutions, is essential for sustaining growth, as energy storage installations are projected to increase eightfold by 2035. The Global Solar Council aims to foster global collaboration, set industry standards, and achieve ambitious solar capacity goals, including collaborating with stakeholders to improve market conditions. Countries like Australia and Pakistan exemplify the shift towards solar energy, with grassroots initiatives enhancing energy access and affordability. Additionally, innovations such as Agri-PV and Building Integrated Photovoltaics are democratizing solar technology, making it more accessible to consumers.

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Speaker

Lennart van Walsum (Moderator)
Director EMEA & Americas
Global Solar Council
UK

Talk of session: Panel: Solar Market Outlook 2026-2030: Middle East, North Africa & Beyond

Industry experts share strategic insights on solar market growth, investment trends, and policy developments across MENA and emerging markets. Explore opportunities, challenges, and innovations shaping the next five years, and understand how regional dynamics influence the global transition to renewable energy.

Further Talks of this session:

Keynote: Trans-Mediterranean Energy and Clean Tech Cooperation Initiative

Speaker

H.E. Lucie Berger
Ambassador
Delegation of the European Union to the United Arab Emirates
United Arab Emirates

To Talk

Panel: Solar Market Outlook 2026-2030: Middle East, North Africa & Beyond

Speaker

To Talk