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Asharq Al-Awsat
Asharq Al-Awsat
Business
Riyadh - Asharq Al-Awsat

Modon Houses 23 Renewable Energy Factories in Saudi Arabia

A solar plant is seen in Uyayna, north of Riyadh, Saudi Arabia. (Reuters)

Saudi Authority for Industrial Cities and Technology Zones (Modon) announced that it houses 23 factories to support renewable energy supply chains in the Kingdom, including solar energy panels and systems.

Modon CEO Khalid al-Salem said the Authority supports the renewable energy sector by empowering supply chains and localizing its main components because it is one of the strategic sectors with added value to the national economy.

He added that Modon seeks to attract relevant industrial investments that contribute to realizing Vision 2030 targets and support the Initiative of Custodian of the Two Holy Mosques for Renewable Energy to reach the perfect energy mix in the Kingdom.

The total area of the factories spans 360,000 square meters in 12 industrial cities, Salem was quoted as saying by the Saudi Press Agency (SPA).

Salem explained that products include solar cells, slim panels for generating solar energy, solar energy panels, solar energy systems, indoor and outdoor lighting units, systems for charging batteries of photovoltaic and solar power for lighting.

They also include current converters, data display monitors, metal tripods for generating solar power, and other products that support the supply chains of the renewable energy sector.

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