Saudi Arabia-based solar technology development firm Green Gulf Holding has inked agreements to bring ingot, wafer and module manufacturing to the kingdom.
Green Gulf says it signed an initial agreement with Kinetics Germany GmbH to build an ingot and wafer factory in Yanbu. The company says it also has an initial agreement with Meyer Burger Technology AG to purchase equipment for the manufacture of 200 MW of solar modules.
Green Gulf says it intends to sign final agreements for both projects in July.
