GCL-Poly to Build First Silicon Material Factory in Saudi Arabia
In a recent development, GCL-Poly is set to establish a cutting-edge silicon material factory in the Middle East, with a projected annual production capacity of 120,000 metric tons.
Saudi Arabia
Shanghai Lujiazui Financial City Establishes Office in Riyadh, Second Global Branch Following London
August 17, 2023 – Shanghai Lujiazui Management Bureau has officially announced the establishment of its first office in the Middle East region, situated in Riyadh, Saudi Arabia.
Longi and Saudi KAUST Announce Strategic Collaboration to Drive Solar Technology Innovation
In a recent development, King Abdullah University of Science and Technology (KAUST) and the global solar industry leader Longi have signed a Memorandum of Understanding (MoU) to foster innovation in solar technology.
Chinese Companies Make Strong Push into Saudi Arabia’s New Energy Sector
Recently, leading Chinese photovoltaic mounting company, Arctech, announced that it has signed a cooperation agreement with China Energy International Engineering to provide a 1.5 GW SkySmart II tracking system for the ASB project in Saudi Arabia.
Increasing Number of Chinese Tech Companies Invest in Saudi Arabia
In recent years, the relationship between China and Saudi Arabia has seen significant growth, with closer economic and trade ties.
Power China Signs Contract for 120MW Photovoltaic Power Project in Saudi Arabia
In April 2023, the subsidiary of Power Construction Corporation of China (Power China), Shandong Electric Power Construction Corporation (SEPCO), officially signed an EPC (Engineering, Procurement, and Construction) contract with France’s TotalEnergies for the Wadi ad-Dawasir 120MW photovoltaic power project in Saudi Arabia.
Saudi Aramco Completes Investment in Rongsheng Petrochemical, Leading to Change in Company Type
On July 31st, Rongsheng Petrochemical held its 6th board of directors’ 9th meeting, where they approved the proposal to change the company’s type.
Saudi Arabia’s Direct Flight to Beijing Takes Off!
Saudi Arabian Airlines (Saudia) marked a historic milestone as the inaugural non-stop flight from Jeddah’s King Abdulaziz International Airport to Beijing Daxing International Airport took off.
Hong Jing Drive Secures Multimillion Yuan Investment from Prosperity7 Ventures under Aramco Ventures
Leading autonomous driving firm, Hong Jing Drive, announced today that it has received a significant multimillion yuan follow-on investment from Prosperity7 Ventures, the diversified growth fund under Aramco Ventures. The investment transaction has been successfully completed.