On November 21, Egypt, Global South Utilities of the United Arab Emirates, and China’s JA Solar signed a memorandum of understanding (MOU) to establish two solar energy factories, with Prime Minister Mustafa Madbouli attending the signing ceremony.
The agreement entails the construction of two 4GW production lines—one dedicated to manufacturing solar cells and the other to producing solar modules. These projects are crucial for advancing Egypt’s renewable energy ambitions and meeting its growing energy demands. As part of the MOU, Global South Utilities will support JA Solar in conducting feasibility studies and obtaining government subsidies. JA Solar will oversee the research phase, with an estimated investment of USD 138 million for the solar cell factory and USD 75 million for the solar module factory, primarily serving the local market. Prime Minister Madbouli emphasized the importance of industrial development as a driver of sustainable growth and noted that the initiative aligns with Egypt’s 2035 sustainable energy strategy, which aims to improve energy efficiency, expand renewable energy adoption, and enhance energy security. These factories will utilize locally sourced materials such as glass and aluminum, contributing to Egypt’s efforts to localize industrial expertise while fostering economic growth and job creation.
Additionally, DAS Solar announced plans to build a 3GW solar panel factory in Mandeure, Doubs, France, with production scheduled to commence in 2025.
DAS Solar plans to invest EUR 109 million (approximately RMB 836 million) to establish three production lines within the 51,000-square-meter factory, which was formerly occupied by Faurecia (now Forvia), an automotive subcontractor. In September this year, DAS Solar established DAS Solar France. Besides component production, the company plans to expand its full photovoltaic industry chain in the future, including the production and outsourcing of solar cells, cables, connectors, and silicon wafers.
Currently, DAS Solar operates 14 factories in China, and this will be its first in Europe.
The European market has a strong demand for locally manufactured photovoltaic products, and efficient communication with the French government and local institutions facilitated the project’s implementation. DAS Solar had considered Germany and Spain but ultimately decided to build in France.
Last week, DAS Solar began internal recruitment for overseas employees.
