Hareon Solar in JV to build 160MW cell and module plant in Morocco

Facebook
Twitter
LinkedIn
Reddit
Email
China-based integrated PV manufacturer Hareon Solar has recently signed an MOU with partners to build and operate a 160MW cell and module plant in Morocco with a total investment of around US$114 million. Image: Hareon Solar

China-based integrated PV manufacturer Hareon Solar has recently signed an MOU with partners to build and operate a 160MW cell and module plant in Morocco with a total investment of around US$114 million. 

Moroccan general contractor Jet Contractors, which issued a statement on the JV signing in May, would build the facilities and would hold a 40% stake in the new business, along side a 40% stake held by Hareon Solar. Investment and management firm, System Industrie Electronic Holding AG (SIE) would hold a 20% stake. 

This article requires Premium SubscriptionBasic (FREE) Subscription

Unlock unlimited access for 12 whole months of distinctive global analysis

Photovoltaics International is now included.

  • Regular insight and analysis of the industry’s biggest developments
  • In-depth interviews with the industry’s leading figures
  • Unlimited digital access to the PV Tech Power journal catalogue
  • Unlimited digital access to the Photovoltaics International journal catalogue
  • Access to more than 1,000 technical papers
  • Discounts on Solar Media’s portfolio of events, in-person and virtual

Or continue reading this article for free

Included in the agreement as a first phase of the plan is the establishment of a 30MW module assembly line and obtaining international certifications for the modules. 

The plant would ship modules to projects in the region and overseas, according to the statement. No specific timelines for the plant were provided in the statement. 

7 October 2025
San Francisco Bay Area, USA
PV Tech has been running an annual PV CellTech Conference since 2016. PV CellTech USA, on 7-8 October 2025 is our third PV CellTech conference dedicated to the U.S. manufacturing sector. The events in 2023 and 2024 were a sell out success and 2025 will once again gather the key stakeholders from PV manufacturing, equipment/materials, policy-making and strategy, capital equipment investment and all interested downstream channels and third-party entities. The goal is simple: to map out PV manufacturing in the U.S. out to 2030 and beyond.

Read Next

August 5, 2025
China’s leading polysilicon firms are reportedly considering shutting down one third of the country’s polysilicon capacity and restructuring the sector, following years of overcapacity and tumbling prices.
Sponsored
August 4, 2025
Risen Energy’s Bob Hao discusses the company’s latest range of integrated energy solutions and recent developments in HJT module technology.
August 4, 2025
Waaree Energies has commissioned a 1.8GW solar module manufacturing line at its factory in Chikhli, Navsari district, Gujarat.
August 4, 2025
US solar PV recycling firm, Solarcycle, has produced a pilot module using 50% recycled glass from other decommissioned panels, which it says matches the performance of entirely new products.
August 1, 2025
The Q3 edition of our downstream solar PV journal, PV Tech Power, is now available to download.
August 1, 2025
US solar module manufacturer First Solar saw sales and net profits increase in Q2 2025, as it forecasts a strong performance under the Trump administration’s industrial and trade policy changes.

Subscribe to Newsletter

Upcoming Events

Media Partners, Solar Media Events
September 2, 2025
Mexico City, Mexico
Solar Media Events
September 16, 2025
Athens, Greece
Solar Media Events
September 30, 2025
Seattle, USA
Solar Media Events
October 1, 2025
London, UK
Solar Media Events
October 2, 2025
London,UK