The International Renewable Energy Agency (IRENA) and others show estimate that the renewable-energy market in the GCC reached about 16.44 GW in 2024 and is projected to grow to around 43.8 GW by 2033 (CAGR ~10.6%).
At the same time, solar PV alone in the GCC produced roughly 26.6 TWh in 2024, with forecasts of ~67.7 TWh by 2033.
Put simply: the oil-rich Gulf states are pivoting; solar is becoming a major new energy source.
Why the shift is so important in your backyard
- Traditionally, the GCC has been almost entirely dependent on fossil fuels for electricity. For example, in the UAE in 2021 fossil fuels supplied ~93.7% of generation.
- The region also enjoys excellent solar resource: many parts of the GCC receive ~2.0-2.5 MWh/m² annually of solar irradiation.
- Governments have set ambitious targets: diversify from oil, reduce carbon footprint, build domestic clean-energy industries.
- That means more solar farms, more rooftop solar, more local manufacturing of solar hardware, and more opportunities for households, businesses and industry to engage.
Tracking systems = more output, better economics
A key technology enabling this shift is the solar tracker: a device that moves solar panels so they more directly face the sun throughout the day.
By using a tracker instead of a fixed-tilt system:
- You can boost panel output by perhaps 20-30% or more, depending on location and system design.
- In high-sunlight regions (like the GCC) the yield uplift can be particularly compelling.
- Higher yield means faster payback, stronger business case, and more competitive solar vs fossil fuels.
PVH Market leader in the region
PVH stands out in the GCC solar transition as a market leader:
- Over 14 GW supplied across the GCC region, placing the company among the largest players in solar hardware and systems supply.
- Local manufacturing facility delivering 12 GW annual production capacity, underlining strong regional content and supply-chain integration.
- Highest local-content score in the region, meaning more of the value chain (manufacture, assembly, services) is domestic, supporting jobs and regional industrialization.
In a region that is committed to building local clean-energy industries, PVH’s manufacturing footprint and supply scale give it a clear advantage.
Whether you’re a homeowner, business-owner, project developer or investor in the GCC, this energy shift has direct implications:
- Solar is no longer just “one-off”, it’s scaling fast with strong growth (10-11%+ CAGR for generation) and major investment.
- More local manufacturing means parts, panels, trackers, services are closer, reducing cost, lead time and risk.
- With a leader like PVH available regionally, you benefit from an established supply-chain, higher local content, and likely stronger support/after-sales.
- And in an oil-rich region still running largely fossil-based grids, solar + trackers offer a way to hedge fuel-price volatility, reduce reliance on imported fuels, and align with national clean-energy goals.
The shift from oil to solar is well underway in the GCC, solar capacity and generation are growing rapidly, trackers are improving yields, and local manufacturing is scaling up. In that shifting landscape, PVH is well positioned: 14 GW supplied, 12 GW annual production, and high localization. For anyone in the region thinking about energy, infrastructure, or sustainability, this is the moment to act.