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As of 2023, the market's estimated size is valued at approximately USD 1. 2 billion, with a compound annual growth rate (CAGR) projected to be around 12-15% over the next 5 to 10 years. This growth trajectory positions the MEA region as a burgeoning hub for solar energy storage. . In a recent chat with pv magazine, Yasser Zaidan, senior sales manager for the Middle East at JinkoSolar, described the trajectory of the large-scale storage business in the main markets of the Middle East. Saudi Arabia's large scale energy storage market is expected to developed at an. . The intermittent nature of renewable energy sources like solar and wind demands robust storage solutions to ensure grid stability and reliability. This article explores the region's evolving market, key applications, and the role of modular solutions like those The Middle East is. .
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