The proposed project, which will entail the production of polysilicon through modules, will support the growth of solar energy industry in the kingdom.
The $6.4bn project, which is expected to commence production in 2017, will use SunEdison’s high pressure silane fluidised bed reactor (HP-FBR) polysilicon and continuous Czochralski (CCz) crystal ingot technology, as well as equipment.
The facility will involve in the solar wafer, cell and module manufacturing, which will support around 3GW output annually, according to SunEdison.
SunEdison CEO Ahmad Chatila said the company is anticipating substantial growth of solar PV within the Kingdom and the region.
"The combination of SunEdison technology, and the Kingdom’s world-class manufacturing and energy sector expertise will enable us to capitalize on substantial growth in the Kingdom and the region, and maximize the value of solar PV projects supported by this venture," Chatila added.