China based firm, Yingli Solar has recently inked a deal to supply solar modules. As per the deal, Yingli Solar will provide 1.25 GW of their high-efficiency Panda N-type TOPCon PV modules for the Saad 2 PV project. This project, developed by ACWA Power in Saudi Arabia, is a significant part of the third round of PV project plans by the Public Investment Fund (PIF).
As one of the largest renewable energy projects in the Middle East, Saad 2 PV project boasts a total installed capacity of 1,255 MW, it is developed by the region’s leading renewable energy developer, ACWA Power.
The statement said that the EPC is handled by Huadong Engineering Corporation Limited and SEPCOIII Electric Power Construction Co., Ltd. (SEPCOIII), both under the Power Construction Corporation of China (PowerChina). As a PV module supplier, Yingli Solar will provide its advanced technology and quality products for this project.
This deal is said to be a significant milestone for Yingli Solar, ACWA Power, and PowerChina Huadong Engineering Corporation Limited, following their involvement in the 575 MW Ibri 2 project in Oman.
