EliTe Solar, a leading global provider of solar manufacturing solutions, has announced plans to establish an 8 GW solar manufacturing hub in Egypt’s Suez Special Economic Zone. This strategic investment follows discussions with Egypt’s Prime Minister and the Chairman of the Suez Special Economic Zone, marking the company’s significant expansion into the Middle East.
The new facility will focus on producing high-efficiency solar cells and module assembly, with a large portion of the output earmarked for export to key markets, including the United States. This development positions EliTe Solar as a key player in the international solar supply chain. The $150 million investment will span 78,000 square meters and will be completed in two phases. The first phase, expected to be operational by September 2025, will include a 2 GW solar cell production line. Once fully operational, the facility is projected to generate annual sales exceeding $190 million, solidifying EliTe Solar’s presence in the region.
Derek Liu, Chairman of EliTe Solar, highlighted the importance of the project, stating, “This venture will position Egypt as a central hub for photovoltaic manufacturing in the Middle East and North Africa. With a planned total production capacity of 8 GW, we are introducing solar technology to revolutionize local supply chains and manufacturing standards.”
Strategically located within the Suez Special Economic Zone, the hub offers access to both domestic and international markets, including North America, Europe, and Africa. The facility is expected to create thousands of jobs and boost Egypt’s export capabilities, aligning with the country’s goal to become a regional leader in renewable energy.
The new hub will complement EliTe Solar’s existing manufacturing bases in Indonesia and Vietnam, further enhancing the company’s global supply network. As a BNEF Tier 1 solar technology provider, EliTe Solar continues to lead in sustainable solar energy solutions, supporting the global transition to renewable energy and meeting the growing demand for solar power in the Middle East and beyond.
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