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Salalah FZ, US Firm Sign Agreement to Set Up Solar Panels Unit

Salalah Free Zone and Advanced Industries Inc of the United States have signed an agreement to the tune of RO 29 million to set up a unit for the production of photovoltaic solar panels.

 

The agreement provides for the establishment of a factory for production of photovoltaic solar panels having a lumpsum capacity of 200 million-watt per annum — each producing 390-watts of electricity —on a total area of 10,000 sqm.

 

The pact helps the refurbishment of investment in the solar energy sector, the diversification of industries at Salalah Free Zone and the empowerment of public-private partnership. It comes as a boon to investors in renewable and sustainable energy.

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