A nascent national plant manufacturing photovoltaic panels locally, supporting the energy industrial-localization program.
This nascent plant aims to manufacture photovoltaic panels locally instead of relying entirely on imports, supporting the Kingdom's solar-value-chain localization program, and reduces shipping cost and time for massive solar projects spread across all Kingdom regions.
The company targets vendors of silicon raw materials and electronic components for solar panels, with a localization program targeting gradually raising local content, creating recurring opportunities for local vendors entering this nascent solar-manufacturing supply chain.
An orderly process — each step builds on the last and unlocks the next.
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