Desert Technologies and Modon to Establish One of the Largest Solar Panel and Cell Factories in Saudi Arabia
Desert Technologies and Modon to Establish One of the Largest Solar Panel and Cell Factories in Saudi Arabia
10/31/24, 4:57 AM
Location
jeddahMoney
ر.س200 million
Industry
biomass energy
solar
renewable energy
energy
manufacturing
Type
partnership
Desert Technologies and the Saudi Authority for Industrial Cities and Technology Zones, 'Modon,' have announced a partnership to establish an industrial complex in Jeddah’s third industrial city. The facility will produce solar panels and cells with an annual capacity of up to 5 GW and an investment worth 750 million Saudi Riyals, aiming to meet the growing local demand for solar energy solutions.