Singapore’s EliTe Solar to build 8GW solar manufacturing hub in Egypt
Singapore-based integrated solar manufacturing solutions provider EliTe Solar has announced plans to build an 8GW solar manufacturing hub in the Suez Special Economic Zone in Egypt.
The initiative follows discussions with Egypt’s Prime Minister and the chairman of the Suez Special Economic Zone.
The new facility will focus on the production of high-efficiency solar cells and module assembly, with a significant portion of the output destined for export to key markets, including the US.
It will entail an investment of $150m and will span 78,000m².
The facility will be developed in two phases. The first phase, featuring a 2GW solar cell production line, will be completed by September 2025.