The factory of Solefiori in China
Image: Solefiori
Zhuhai-based Solefiori Technology (Hongjun New Energy) has signed an agreement with its Saudi Arab partners to set up a 6 GW HJT Solar Module factory in Saudi Arabia.
The new facility delivers very efficient HJT modules that are optimized for desert conditions. Although the exact split of the site and equity was not announced, the project is positioned as a regional hub for Saudi Arabia and adjacent markets.
Solefiori said his HJT modules offer bifacial performance above 95%, which increases the energy yield by harvesting reflected sunlight, and a low temperature coefficient that guarantees the output stability in extreme heat.
The deal reflects Riyad’s urge to build a domestic clean energy chain under Vision 2030. The strategy focuses on 40 GW up to 58 GW installed solar energy by 2030 and requires that 75% of the components are manufactured locally.
For Solefiori, the Saudi factory is expanding its global footprint and coverings against tariff risks by getting the production closer to demand. For Saudi Arabia, technology transfer, job creation and industrial diversification speeds up.
More generally, the Golf not only comes up as a hotspot on solar energy, but also as a production hub. Chinese producers shift from exporting modules to building local capacity, a structural change that the global PV supply can re -balance.
Solefiori follows a wave of Chinese investments in the sun sector of Saudi Arabia. In July 2024, Jinkosolar formed a joint venture with Localization Co. And Vision Industries for Renewable Energy to build a 10 GW cell and module factory. TCL Zhonghuan announced a 20 GW Ingot and Wafer Factory with the same partners that same month.
This content is protected by copyright and may not be reused. If you want to work with us and reuse part of our content, please contact: editors@pv-magazine.com.
Popular content
