Aramco buys Canadian Solar panels for PV project
The project includes installation of 16GW of PV panels in KSA
Saudi Aramco, the world’s largest crude exporter, agreed to buy 1.78 megawatts of photovoltaic panels from Canadian Solar Inc (CSIQ) to expand the country’s biggest solar project.
The state-owned oil producer will add the panels to the solar project it began operating in December at the King Abdullah Petroleum Studies and Research Center, according to a statement today from Guelph, Ontario-based Canadian Solar.
The project in Riyadh, Saudi Arabia, will help the country meet a goal of installing 16GW of photovoltaic panels, Shawn Qu, Canadian Solar’s chairman and chief executive officer, said in the statement.
Saudi Aramco initially used 3.5MW of panels from Suntech Power Holdings Co for the project, and the expansion will make it the country’s largest ground mounted solar farm, according to the statement.