Saudi Arabia | Operating the largest solar energy plant in the world by 2026

2024-08-01 2024-08-01T11:18:35Z
ندى ماهر عبدربه
ندى ماهر عبدربه
صانعة مُحتوى

Weather of Arabia - The Chinese company "JinkoSolar", the largest producer of solar panels in the world in terms of shipments, said that its planned factory in Saudi Arabia, which will be the largest factory in the world to produce "N" type solar cells and modules with higher stability, is expected to... It will begin operating in early 2026, and will contribute to the production of solar cells with record efficiency.

The value of the investment amounts to approximately one billion dollars, and it is the company's largest external investment, with an annual production capacity of no less than 10 gigawatts of highly efficient solar cells and modules once it is operational. This factory will be the largest manufacturing base for Chinese PV products abroad.

Global expansion

This factory will be the company's fourth overseas unit after those in Malaysia, Vietnam and the United States, enabling it to meet local demand and export technology, patents, expertise and services globally.

“Saudi markets have better credit and sufficient financing resources, and have become one of the fastest growing regions in new energy development in the Middle East,” said Qian Jing, vice president of the company.

“Its strong industrial foundation makes it an excellent choice for Chinese solar companies looking to expand overseas,” he added.

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Sources:

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This article was written originally in Arabic and is translated using a 3rd party automated service. ArabiaWeather is not responsible for any grammatical errors whatsoever.
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