Bahrain launches $1bn solar plant in Saudi Arabia

Happy Watts – The First Energy Bank of Bahrain plans to build a polysilicon plant in Saudi Arabia to serve an increasing demand for solar energy generation in the Middle East. The Bank said it’s teaming up with Project Management and Development Co. in Saudi Arabia to build the factory, which would cost about $1 billion, reported Reuters news agency. The factory will have an annual capacity of 7,500 tons; production is set to begin in 2013. via ENF>> or  FEB>>

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