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Desert Technologies to build 5GW PV module plant in Saudi Arabia

published: 2024-11-06 17:48

Recently, Desert Technologies announced plans to invest SAR 750 million ($200 million/EUR 1,834 million) to build a 5GW solar PV module plant in the Third Industrial Zone in Jeddah, on the west coast of Saudi Arabia.

The Jeddah-based manufacturer has agreed to develop the industrial park in co-operation with Modon, the Saudi Authority for Industrial Cities and Technological Zones.

The 170,000 square metre complex, supplied by Modon, will include 2GW of solar modules and 3GW of solar cell production lines.

Desert Technologies said last week that the solar modules produced at the plant would meet growing local demand for solar solutions and strengthen Saudi Arabia's position in global non-oil export markets.

The initiative is the latest in a series of projects announced in recent months that aim to localise manufacturing technologies to boost Saudi Arabia's green energy expansion. The projects include the construction of manufacturing facilities for solar panels and wind turbines, as well as battery energy storage systems (BESS).

Source : https://mp.weixin.qq.com/s/7CyJxHBuaTtxdbHYIt13bQ

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