Yingli Solar Powers Up Middle East: 1.25 GW Deal Marks New Era in Renewable Energy

January 7, 2024
1 min read
Photo of 575 MW Ibri 2 project in Oman
Photo of 575 MW Ibri 2 project in OmanP.C - Google

The new high-efficiency contribution to the clean energy future comes from Yingli Energy (China) Company Limited, known as Yingli Solar, a leading global supplier of PV modules. Yingli has penned an agreement to supply 1.25 GW (Gigawatt) of high-efficient Panda N-type TOPCon PV modules for the Saad 2 PV project. This project, with its third round of PV plans by the public investment fund, is developed in Saudi Arabia by ACWA Power, a leading renewable energy developer in the Middle East.

The Saad 2 PV project boasts a total capacity of 1,255 MW and becomes one of the largest renewable projects in the Middle East, led by the region’s leading renewable energy developer, ACWA Power. Meanwhile, Huadong Engineering Corporation Limited and SEPCOIII Electric Power Construction Co., Ltd. (SEPCOIII), both under the Power Construction Corporation of China (Power China), are controlling the Engineering, Procurement, and Construction (EPC), as reported on their official page.

Yingli Solar, a global leader in PV module supply, is providing its advanced technology and quality products for this project. The partnership between Yingli Solar, ACWA Power, and Power China Huadong Engineering Corporation Limited marks a significant milestone, following their investment in the 575 MW Ibri 2 project in Oman. This is a testament to the high regard and preference for Yingli Solar’s product quality and performance by project partners and owners.

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Yin Xulong, Chairman of Yingli Solar, said in a statement, “Our confidence is that this project’s execution will significantly advance the propagation of renewable energy in the Middle East. Yingli Solar will play a pivotal role in the worldwide energy transition with our collaborators in the partnership.”

Yin Xulong added, “This initiative will bolster Saudi Arabia’s Vision 2030 renewable energy plan, contributing significantly towards the nation’s clean energy future. In the evolving PV market, Yingli Solar’s Panda N-type TOPCon technology will gain increased prominence. We are clear about our aim to constantly expand our footprint in the Middle East PV market and our contributions towards the global carbon neutrality goal by providing efficient and dependable PV solutions.”

Over the past quarter-century, Yingli Solar’s products have found widespread use in over 150 countries and regions worldwide. As a leading global supplier of PV modules and a provider of renewable energy solutions, Yingli Solar is committed to delivering high-quality, high-efficiency PV products, along with comprehensive technical support, contributing towards a cleaner and more sustainable future.

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