Hareon Solar board backs Moroccan JV

Source: Hareon Solar.

Chinese solar manufacturer Hareon Solar has approved a joint venture that could see it working upstream and downstream in Morocco.

In a statement to the Shanghai stock exchange the company said it would work with the state run investment agency Societe d'Investissement Energetique and solar EPC and general contracting firm Jet Contracting. The deal includes solar power production and the production and sale of modules.

An MoU signed in 2016 included a 160MW cell and module plant. No further details on the approved plans were available at the time of press.

The new entity will be called Hareon Jet Solar SA.

Morocco has a series of concentrated PV and regular PV projects in the pipeline with the African Development Bank investing US$265 million in 800MW of solar power projects.

Read Next

July 21, 2022
French renewables company Voltalia’s Q2 revenues were up 26% year-on-year to €111 million (US$113 million) as its project development, construction and equipment procurement segment continued to grow.
July 15, 2022
Solar and wind trade bodies have united to organise the Africa Renewables Investment Summit to drive renewable energy financing in the continent.
PV Tech Premium
July 6, 2022
The company behind a renewables project that will feature 7GW of solar PV and 5GW / 20GWh of battery storage in Morocco is progressing with offshore surveying for four high-voltage direct current (HVDC) cables that will eventually connect the installation exclusively to the UK.
June 29, 2022
Arab-speaking countries in the MENA region have planned to increase utility-scale solar capacity by 49.5 GW by 2030, according to Global Energy Monitor.
June 24, 2022
Investors Harith General Partners and African power provider Anergi Group have partnered to establish the Pan-African Renewable Energy Fund (PAREF) to accelerate renewable energy deployment across Africa and close the continent’s investment gap.
June 21, 2022
Management firm Mirova has acquired solar finance business SunFunder in a push to expand its investment platform in emerging markets.

Subscribe to Newsletter

Upcoming Events

Upcoming Webinars
September 7, 2022
15:30 AEST (UTC +10)
Solar Media Events
September 14, 2022
Solar Media Events
October 4, 2022
New York, USA
Solar Media Events
October 11, 2022
Virtual event