Recent market analysis reveals a dramatic 40% reduction in solar installation costs across the Middle East region, with Iraq and Kurdistan Region experiencing the most significant decreases. Factors contributing to this cost reduction include increased competition among installers, improved panel efficiency, streamlined installation processes, and bulk purchasing agreements. This price drop makes solar energy more accessible to middle-income households and small businesses.
Solar Installation Costs Drop 40% in Middle East
Competitive market dynamics and improved technology drive down solar installation costs across Iraq and Kurdistan Region.