Tokyo-based Showa Shell Sekiyu, along with its subsidiary Solar Frontier – the largest manufacturer of CIS (copper indium selenium) thin-film photovoltaic (PV) solar modules – have signed a memorandum of understanding (MoU) with Saudi Aramco and the Saudi Arabian National Industrial Cluster Development Program (NICDP).
The MoU stipulates that all three companies, along with the Saudi Arabian government, will conduct a joint feasibility study into the possibility of CIS solar panel production in Saudi Arabia. The country is currently promoting its Vision 2030 economic reform initiative and, as part of that, it intends to conduct the joint feasibility study to research the technological and economic aspects of CIS thin-film solar panel production in the Kingdom.
Showa Shell Sekiyu Group says that it has various interests and ties with the Kingdom of Saudi Arabia as well as Saudi Aramco. Further developments will be announced depending on the results of the joint feasibility study.
