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Project developers are increasingly focusing on the Middle East

(PresseBox) (Bonn, ) While geographical conditions are favorable for solar energy production in arid desert regions, such areas are also highly demanding for the project developers and the products and materials used. Experts will provide an insight into practical experiences in solar projects at the Intersolar Summit Middle East.

The production of solar energy is increasingly becoming a focus of governments and residents in the Middle East. An ever growing number of international investors and project developers are now considering entering this promising market. However, for potential investors to see how investment risks can be minimized, questions regarding financing options and key aspects of constructing photovoltaic projects have to first be answered. The Intersolar Summit Middle East, to be held from 14th to 15th October in Riyadh in the Kingdom of Saudi Arabia, will provide the answers and is thus the go-to place in order to gain ground in the region in terms of the solar industry.

In addition to a current lack of experience when it comes to planning and operating PV power plants in the region, the logistics involved and the climatic conditions in the desert countries also present a challenge for project developers and the technologies used. This practical drawback, coupled with a lack of standards for PV parks, often results in the need for extra time, which then causes additional costs for the project developers. The advantageous amount of available sunlight is also countered by the dust and sand in these arid regions, which can reduce the generated power to a great extent and significantly increase maintenance and cleaning overhead costs. Under these environmental conditions, making the right decision with regard to the technical components and their suitability is crucial.

Phoenix Solar, which has been active for many years as a project leader and EPC in the MENA region, is familiar with these regional challenges and has successfully developed projects in the Middle East, North Africa and particularly in the Kingdom of Saudi Arabia. Phoenix is already operating two megawatt facilities for the Riyadh-based King Abdullah Petroleum Studies and Research Center (KAPSARC). Along with other well-known companies, such as SMA Solar Technology AG, the Schletter GmbH and the Meyer Burger AG, Phoenix Solar LLC will provide an exclusive insight into their practical project work as part of the Intersolar Summit Middle East in October.

Partners of the Intersolar Summit Middle East

The summit is organized by the local partner Riyadh International Convention and Exhibition Center (RICEC) and the German Solar Promotion International and FMMI - Freiburg Management und Marketing International GmbH. Summit supporters are the Premium Sponsors SMA Solar Technology AG and SCHMID Group, the Gold Sponsors GT Advanced Technologies, Inc., Phoenix Solar LLC, Yingli Solar as well as the Exhibition Sponsors CanadianSolar, Gustav Hensel GmbH & Co. KG, Manz AG, Schletter GmbH, Team Technik and Viridis.IQ GmbH. Knowledge Partners of the Summit in Riyadh are Apricum GmbH, PricewaterhouseCoopers AG and UL - Underwriters Laboratories. Local Supporters are the Delegation of German Industry & Commerce for Saudi Arabia, Bahrain and Yemen (AHK Saudi Arabia), the Clean Energy Business Council, Green City Freiburg, the initiative Joint Forces for Solar, the Middle East Solar Industry Association (MESIA) and the Nah- und Mittelost-Verein e.V. (NUMOV).

For questions about the Intersolar Summit and for more information on the events, please contact Daniel Fuchs, Senior Marketing Manager: fuchs@intersolar-summit.com | Tel.: +49 228 9714345. More information about the Intersolar Summits from Solar Promotion International, FMMI - Freiburg Management and Marketing International as well as EuPD Research can be found on the website www.intersolar-summit.com.

About Intersolar

With events spanning four continents, Intersolar is the world's leading exhibition series for the solar industry and its partners. It unites people and companies from around the world with the aim of increasing the share of solar power in our energy supply.

Intersolar is inspired by the guiding principle: Connecting Solar Business.

The exhibition and conference series focuses on the areas of photovoltaics, PV production technologies, energy storage and solar thermal technologies. Since being founded, Intersolar has become the most important industry platform for manufacturers, suppliers, distributors, service providers and partners of the solar industry.

With more than 20 years of experience, Intersolar has the unique ability to bring together members of the solar industry from across the world's most influential markets. Intersolar exhibitions and conferences are held in Munich, San Francisco, Mumbai, Beijing and São Paulo. Starting in 2014, these global events will be complemented by the Intersolar Summits, which will take place in emerging and growing markets worldwide.

For more information on Intersolar, please visit: www.intersolarglobal.com

Organizers: Intersolar Europe is organized by Solar Promotion GmbH, Pforzheim and Freiburg Wirtschaft Touristik und Messe GmbH & Co. KG (FWTM). The exhibitions in North America, India, China and South America are organized by the international subsidiaries Solar Promotion International GmbH, Pforzheim and Freiburg Management and Marketing International GmbH (FMMI).

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EuPD Research - Hoehner Research & Consulting Group GmbH

EuPD Research is an international service provider focusing on B2B market research with a highly specialized multilingual interview center. We provide our clients in Europe, the Middle East, Asia and the US with the entire range of qualitative and quantitative research services. With the help of in-depth market knowledge combined with methodological professionalism, we provide practical, future-oriented business solutions and ensure that our clients receive a return on their research investment. Our continuous research has enabled us to develop particular skills in the field of renewable energy sources, particularly in the field of solar energy.