Abstract
The present paper draws attention to the importance of localizing the value chain of photovoltaic solar energy in Saudi Arabia based on the country’s vision for 2030 to meet the expected increase in energy demand. This paper describes various obstacles and enablers and shows the critical factors that restrain the development of the value chain of photovoltaic solar energy. In this paper, different phases of upstream and downstream activities of the photovoltaic industry value chain related to the current situation in Saudi Arabia were examined and analyzed. This paper further examines the capabilities of the local content of photovoltaic solar energy to determine the scenarios that can be adopted to enhance the photovoltaic solar energy industry. This paper analyzes the expected significant positive impact of localizing the value chain of the photovoltaic solar energy industry on the socioeconomic development, job creation, and technology transfer in Saudi Arabia. The paper concludes with recommendations to facilitate the expansion of the photovoltaic solar industry in Saudi Arabia.
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