New Saudi solar production plant announced
Yanbu site will be largest polysilicon plant in Middle East
IDEA Polysilicon Company (IPC) and Technip E&C have signed an agreement that will see the latter provide project management and engineering services for the IPC’s project producing polysilicon, ingots and wafers in Yanbu Industrial City.
The scheme will be the biggest manufacturing facility in the region focused on the production of high-purity polysilicon – with a total capacity of 10,000 tonnes per annum. The firms sayd that 4,000 tonnes of this production will be converted to solar wafers.
“By producing polysilicon and wafers, the IPC project will unlock the photovoltaic solar energy industrial value chain in Saudi Arabia that starts with polysilicon and ends with kilowatt hours that contribute to meeting the growing demand for electricity in Saudi Arabia,” said Dr Basel Abu Sharkh, IDEA Polysilicon Company MD.
“Studies conducted with international consultants indicate that Saudi Arabia is the most competitive manufacturing location for PV solar energy and that having an integrated manufacturing value chain will allow PV solar energy to be produced locally at a viable cost,” he adds.
The company has also said it has further plans to expand downstream into the production of solar cells and panels, together with developing and operating PV solar power plants.
The project has received strong support from governmental authorities, including the Ministry of Petroleum and Mineral Resources, Saudi Aramco and The Royal Commission for Jubail and Yanbu.