Under the bright sunshine of Saudi Arabia, The Solar Show KSA 2024, a green energy exhibition, was grandly opened from October 15 to 16, 2024 at the Riyadh International Convention and Exhibition Center. In this event focusing on sustainable development, Yueqing Yirui Electric Co., Ltd, as a leading company in the field of safety protection devices for optical storage and charging systems, made a magnificent appearance with its cutting-edge products fast shut off, circuit breakers, surge protectors, automatic transfer switches, convergence boxes, and so on. With exquisite technical strength and unique product charm, Yirui Electric announced to the world the outstanding achievements of YRO brand, they contributed Chinese wisdom to the development of green energy.

Why Saudi Arabia is the Ideal Place for Photovoltaic Development？

1、Market Overview
Saudi Arabia, with its geographical advantage of high solar radiation, has emerged as an ideal location for solar photovoltaic projects, driving market demand. Traditionally known for its abundant oil reserves, the country has made significant strides in diversifying its energy portfolio by integrating renewable sources in recent years.

2、Market Size and Growth
In 2023, Saudi Arabia's photovoltaic market size was approximately 1.90 GW, and it is projected to grow at a compound annual growth rate (CAGR) of 11.5%, reaching 5.26 GW by 2032. According to the World Energy Statistics Yearbook 2024, Saudi Arabia's photovoltaic power generation reached 43.19 billion kWh in 2023, accounting for about 12.0% of the Middle East's total. The installed capacity is expected to increase significantly to 7 GW in 2024, before slightly decreasing to 6.5 GW in 2025.

3、Policy Support
The Saudi government has implemented proactive measures, including the launch of the National Renewable Energy Program (NREP), aimed at increasing the proportion of renewable energy in the overall energy mix. The program targets a renewable energy installed capacity of 27.3 GW by 2024, with solar photovoltaic expected to play a significant role. Saudi Arabia has also outlined its Vision 2030, setting a goal of achieving 58.7 GW (which has now been increased to 130 GW) of installed capacity by 2030. To reach this target, the government is heavily investing in solar photovoltaic and energy storage projects. Additionally, the Saudi government offers a range of tax incentives, including reductions and exemptions for photovoltaic projects, to attract more investors.

With an average annual solar irradiation of approximately 2300 kWh/m², Saudi Arabia's abundant resources provide a natural advantage for the development of the photovoltaic industry. Thus, Saudi Arabia is undoubtedly an excellent choice for advancing solar power.

Which YRO Products are Suitable for Photovoltaic Applications?

1、ATS (Automatic Transformer Switch)

This time YRO brought the popular ATS, which led to a small climax for the KSA exhibition.YRO's self manufactured ATS, which has undergone multiple functional upgrades, resulting in notable improvements in performance and reliability. Its application in power management and photovoltaic systems is now more efficient, providing customers with stable power conversion assurance.

YRO's photovoltaic ATS prioritizes the use of solar power, automatically switching to grid or generator supply when solar energy is insufficient. Another significant advantage is that the backup power supply must remain energized to ensure continuous monitoring and rapid response. This approach enables the ATS to immediately switch to the backup power source, it does so in the event of a primary power failure, preventing power interruptions. Additionally, keeping the backup power supply continuously energized helps avoid delays during the switching process, ensuring continuity of power supply and stable operation of the system.

2、RSD (Rapid Shutdown Device)
The RSD has consistently been a star product for YRO, as the company continuously innovates and upgrades its component-level shutdown technology. As a result, YRO has significantly enhanced product performance standards, ensuring higher efficiency and reliability. After rapid shutdown initiation, our device effectively eliminates DC high voltage in the photovoltaic array within 30 seconds. Specifically, the voltage within the specified range can quickly drop below 80 volts, while the voltage outside the range is reduced to zero.

YRO’s rapid shutdown technology provides comprehensive safety for solar panels. It can quickly respond to disconnect the solar panels from the grid in a matter of seconds, effectively preventing current from continuing to flow and thereby avoiding potential damage to the solar panels and the entire system. Furthermore, the smart RSD supports remote monitoring and operation, allowing users to check the status of the solar panels anytime and anywhere via their mobile phones, enhancing system safety and convenience.

As a significant player in the global energy sector, Saudi Arabia is rapidly advancing toward a future of photovoltaic energy and renewable resources, thanks to its abundant solar resources and supportive government policies. YRO’s rapid shutdown devices and other photovoltaic-related products, equipped with advanced technology and intelligent features, not only provide robust safety assurances for solar systems but also offer reliable technological support for renewable energy development in Saudi Arabia and other markets. As the country strives to reduce its dependence on fossil fuels, the rise of the photovoltaic industry will present new opportunities for its energy transition. YRO will continue to safeguard the solar industry throughout this process, promoting sustainable development in global renewable energy.