JinkoSolar-led group to build 10 GW solar cell, module factory in Saudi Arabia
- Admin
- Jul 21, 2024
- 1 min read
Chinese module maker JinkoSolar is leading a consortium to build a 10 GW solar cell and module factory in Saudi Arabia. The consortium includes JinkoSolar Middle East DMCC, Vision Industries (VI), and Renewable Energy Localization Company (RELC). JinkoSolar, RELC, and VI will form a joint venture in Saudi Arabia with ownership percentages of 40%, 40%, and 20% respectively. The $1 billion project will be financed internally and externally. Bin Omairah Holding operates a 1.2 GW solar module assembly factory in Saudi Arabia with production equipment supplied by Mondragon Assembly.
Source:
Want to read more?
Subscribe to vitaliydaviy.wixsite.com to keep reading this exclusive post.
