Isofoton plans 300MW of PV in Saudi Arabia with INDSYS

Spanish PV group Isofoton plans to build 300MW of capacity in Saudi Arabia after signing a joint venture agreement with local developer INDSYS.

The two partners will install the capacity across the Middle Eastern kingdom as part of its government’s plan to reach about 14GW of PV by 2030, says Isofoton.

Isofoton and INDSYS also plan to jointly develop “significant projects” elsewhere in the Middle East, in North Africa and India, adds the Spanish group.