GTM Research’s report states that Saudi Arabia and Turkey will have the highest demand, with Saudi Arabia looking to be the region’s first gigawatt-scale market by 2015.

Last month, the US mainstream media barraged us with simplistic reports about how the US will soon be producing more oil than Saudi Arabia—making America the world’s top producer.

Saudi Basic Industries Corp (SABIC) is considering investing in the United States to capitalise on the shale gas boom there, its chief executive told Reuters on Monday.