$186mn factory in Tabuk Industrial City will cover 27,000sqm and will use automated machines and the latest technologies
Saudi Arabia has announced the establishment of the region’s largest factory for solar panel production in the Middle East and North Africa (MENA) region, at Tabuk Industrial City, on a 27,000sqm area.
Strategically located near the Kingdom’s giga-projects of Neom and The Red Sea Project, the factory has been set up at an investment of $186.4 million, a Saudi Press Agency report said.
It added that the new Tabuk facility will use automated machines for its production and will employ the latest international technologies in the field.
Once fully operational, it will boast an estimated production capacity of 1.2 GW, it said.