Chinese PV Industry Brief: Arctech to build 3 GW factory in Saudi Arabia
- Admin
- Apr 30, 2024
- 1 min read
Arctech Solar is collaborating with MODON to develop a new solar production facility in Jeddah, Saudi Arabia, aimed at enhancing local production capacities up to 10 GW. JinkoSolar experiences a decline in profits due to competitive pressures and falling prices, despite high shipment volumes. Trina Solar has secured a supply deal with PetroGreen Energy in the Philippines for solar projects. Daqo New Energy and Golden Solar New Energy Technology reported their financial results, highlighting challenges and growth in the solar energy sector.
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