Vision Industries Company (VI) is a limited liability company incorporated in Saudi Arabia. JinkoSolar announces global partnership with Manchester City FCPursuant to the Agreement, Jinko Middle East, RELC and VI agree to form a joint venture in Saudi Arabia with Jinko Middle East, RELC and VI holding 40%, 40% and 20% equity interest, respectively. JinkoSolar to establish manufacturing footprint in Saudi ArabiaThe joint venture will build and operate a high-efficiency solar cell and solar module manufacturing facility in Saudi Arabia. The manufacturing facility is expected to have a total investment amount of approximately $1 billion. The detailed production plan and schedule for the manufacturing facility will be subject to market conditions.

Source: The North Africa Journal July 18, 2024 08:22 UTC