A memorandum of understanding (MOU) has been signed between Solar Frontier, Saudi Aramco and the Saudi Arabian National Industrial Cluster Development Program for feasibility study into the possibility of CIS solar panel production.
In collaboration with Solar Frontier’s parent firm, Showa Shell Sekiyu, the companies work with the Saudi Arabia government on a joint feasibility study.
The study is part of the country's Vision 2030 economic reform initiative. The program has a target of producing at least 9.5GW of renewable energy with target of 2030.
Thin film solar modules are being hailed as cost effective and highly productive when compared to regular solar modules. This could be a reason why Saudi Arabia opted for thin film modules.
Moreover, it is also being argued that thin film modules are ideally suited for the high temperature and dry conditions that are seen in the region.
Showa Shell Sekiyu, about the development said that it has been working with Saudi Aramco and has deep ties the kingdom of Saudi Arabia. This is a significant opportunity for Solar Frontier in the form of the feasibility study.
Solar Frontier is being regarded as a large CIS solar panel producer in the world. The company's CIS solutions offer economic as well as environmental benefits in real world conditions.