Under ajoint-venture arrangement, Soitec will provide technical and commercial solarexpertise, while KJC will offer introductions to "key local and regionalstakeholders".
Soitec’sCPV technology – which uses lens-enhanced triple-junction PV cells – has shown around twice the performance of conventional PVtechnologies for high-volume power generation in regions like the MiddleEast that have "high direct normal irradiation".
TheKJC-Soitec MOU comes in time with Saudi Arabia's mounting push into renewableenergy production, as outlined by the white paper published by the KingAbdullah City for Atomic and Renewable Energy, which highlighted the potentialfor solar, wind, geothermal and waste-energy projects in the Kingdom.
"Soitechas
