in News Departments > New & Noteworthy
print the content item

comments: 0

SunEdison Inc. has signed an agreement with the Public Investment Fund of the Saudi Arabian government and the Saudi Arabian Investment Co. (Sanabil Investments) to jointly fund a feasibility study for the establishment of a solar photovoltaic manufacturing capability at Wa'ad Al Shammal in the kingdom.

SunEdison says the proposed polysilicon module production project would support the growth of the solar energy industry in Saudi Arabia, which the company views as a promising emerging market for PV power technology. SunEdison says the deal furthers its goal of developing downstream solar business capabilities. The cost of the project was estimated at $6.4 billion.

The production complex would incorporate SunEdison's high-pressure silane fluidized bed reactor polysilicon, and continuous Czochralski crystal ingot technology and equipment to enable solar wafer, cell and module manufacturing. If the project proceeds as planned, production would begin in 2017 and eventually ramp up to an annual capacity of 3 GW.

Saudi Arabia's Ministry of Petroleum and Minerals says it would provide the required quantities of natural gas for the complex, with the Saudi Electrical Co. providing the needed electricity.

"We anticipate substantial growth of solar PV within the kingdom and the region," says Ahmad Chatila, CEO of SunEdison. "This project will support that growth, and the growth aspirations of SunEdison and our Saudi partners."


Solar Careers
Latest Top Stories

N.Y. Creates Database Of 10K Solar Projects Under Its PV Initiative Programs

The New York State Energy Development Authority hopes its online database, providing details on thousands of photovoltaic projects deployed over the last 10 years, will be a resource for future solar development.


Fees For DG Solar Fire Up Advocates And Utilities In Utah And Massachusetts

Regulatory hearings in Utah and legislative wrangles in Massachusetts are two of the latest examples of the transformative effect distributed generation (DG) solar is having on the U.S. electric power industry.


Report Benchmarks U.S. Electric Utility Clean Energy Deployment

As the U.S. Environmental Protection Agency prepares for its listening sessions on its Clean Power Plan for existing power plants next week, a new report ranks the cleantech performance of nation’s largest electric utilities.


Solar Sector Fears WTO Ruling Against Tariffs Won't Save The U.S. From Itself

Although the WTO says U.S. anti-dumping tariffs levied on Chinese PV manufacturers are improper, few expect the ruling to prevent a rise in module prices.


Xcel Energy Offers Solar*Rewards 'Bridge' For Colorado Solar Installations

As an incentive for the continued development of customer-sited solar, Public Service Co. of Colorado has agreed to advance capacity for its popular Solar*Rewards program.

GoDove_id1395
S&C Electric_id1352
PVcobra_id1394
WIP_id1320