Modon to build industrial complex for solar panels, cells in Jeddah

01/11/2024 Argaam
The signing ceremony

The signing ceremony


Saudi Authority for Industrial Cities and Technology Zones, (Modon) signed a contract with Desert Technologies, a leader in renewable energy solutions and the one of the first Saudi company to manufacture and export solar panels, to establish an industrial complex in Jeddah’s third industrial city.

 

In a statement on X, Modon said this facility will produce solar panels and cells with an annual production capacity of up to five gigawatts (GW) at a total investment of SAR 750 million. It will span an area of 170,000 square meters on a land provided by Modon.

 

For more news and details on the projects

 

The complex includes advanced production lines with a capacity of two GW for solar panels and three GW for solar cells. This makes it one of the largest photovoltaic production centers in the Kingdom.

 

The new project aims to localize the industry of solar panels and cells, and enable the renewable energy sector’s supply chains. It also aims to support the national energy mix, so that renewables can make up around 50% of the energy mix used to produce electricity.

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