Yingli Solar has announced the signing of an agreement to supply 1.25GW of high-efficiency Panda N-type TOPCon modules for Saudi Arabia’s Saad 2 PV project. The plant, developed by ACWA Power, is one of the region’s largest renewable energy projects and is a pivotal part of the third round of plans by the Kingdom’s Public Investment Fund (PIF).
EPC activities are handled by the Huadong Engineering Corporation and SEPCOIII Electric Power Construction (SEPCOIII), both under the PowerChina umbrella. The partnership marks another significant milestone for Yingli, ACWA and Huadong Engineering, following their involvement in the 575MW Ibri 2 project in Oman.
“This project will significantly advance the adoption of renewable energy in the Middle East and will bolster Saudi Arabia’s ‘Vision 2030’ plan. At the same time, by providing efficient and dependable PV solutions, we at Yingli aim to expand our footprint in the Middle East, furthering our contribution to the global carbon neutrality goal,” commented company chairman Yin Xulong.
