One of the agreements, here with TCL, aims to build a 20GW ingot and wafer solar PV manufacturing plant in Saudi Arabia. Image: PIF.
Saudi Arabia’s Public Investment Fund (PIF) has signed two solar PV manufacturing agreements with Chinese manufacturers JinkoSolar and TCL Zhonghuan Renewable Energy.
Both agreements, made through joint ventures (JV), will bring 30GW of solar PV manufacturing, from ingots to modules, to Saudi Arabia. The agreements have been made by the Renewable Energy Localization Company (RELC), a fully-owned PIF company, along with the participation of Saudi renewables investor Vision Industries (VI) and the Chinese manufacturers.
(The above content is reproduced from pv-tech，By Jonathan Touriño Jacobo）
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