RTB Solar PV Valuations in Middle East in 2024

As the renewable energy sector continues to evolve, understanding the valuation trends of solar PV projects in the Middle East is crucial for investors, developers, and industry professionals. This article provides a comprehensive analysis of Ready-to-Build (RTB) solar PV asset valuations in the Middle East for the first half of 2024, based on proprietary data insights from PF Nexus, the leading renewable energy asset marketplace.

Our data reveals fascinating trends in the Middle Eastern solar PV market:

• The average valuation for RTB solar PV projects in the Middle East stood at €75,200 per MWp.
• Valuations ranged from a low of €50,100/MWp to a high of €100,300/MWp.
• The gap between sell-side and buy-side expectations was approximately 39.87%, indicating a relatively balanced market with room for negotiation.

These insights are part of our semi-annual series of interlinked articles covering renewable energy asset valuations across various countries, regions, and globally. The data originates from our comprehensive H1 2024 Asset Valuation Report, which was made available to our premium subscribers in June 2024.

Within the Middle East region, our data specifically covers Israel:

• Israel's RTB solar PV market showed robust activity, with valuations aligning closely with the regional average.
• The country's strategic location and supportive renewable energy policies contribute to its attractiveness for solar investments.

For more detailed insights on Israel's solar PV market, please refer to our country-specific article: RTB Solar PV Valuation Trends in Israel.

To put the Middle East's valuations into perspective, it's helpful to compare them with other regions:

• Western Europe
• North America
• Australasia

For a comprehensive global perspective, including how the Middle East compares worldwide, visit our Global Renewable Energy Asset Valuations 2024 Analysis and Trends article.

Ready-to-Build (RTB) refers to a crucial stage in the solar PV asset development lifecycle. At this point, the project has secured necessary permits, grid connection agreements, and is ready for construction to begin. RTB projects are particularly attractive to investors as they offer a balance between risk and return, with much of the early-stage development risk already mitigated.

PF Nexus is the premier marketplace for renewable energy assets, connecting buyers and sellers of utility-scale projects worldwide. Our valuation insights are derived from real-time transaction data and our extensive network of over 7,000 developers, investors, and advisors. While this article provides valuable insights based on H1 2024 data, it's important to note that asset valuations can fluctuate rapidly due to market volatility. To access the most up-to-date valuations and connect with active buyers and sellers, consider subscribing to our premium tiers.

By subscribing to PF Nexus, you gain:

• Access to live deal flow across various renewable technologies
• Semi-annual valuation reports with in-depth analysis and trends
• Connection to the largest specialist network of renewable energy dealmakers globally

Whether you're interested in solar, wind, battery energy storage systems (BESS), hybrid projects, hydro, hydrogen, or other clean energy technologies, PF Nexus provides the insights and connections you need to succeed in the dynamic renewable energy market. For the latest RTB solar PV valuations in the Middle East and to explore live investment opportunities, contact us or visit our website to learn more about our subscription options.