[Lucid Motors to build first overseas production plant in Saudi Arabia]Lucid Motors said it will build a production plant in Saudi Arabia with an annual capacity of 155,000 zero-emission electric vehicles. The deals are estimated to give Lucid a total of up to $3.4 billion in funding and incentives over the next 15 years to build and operate manufacturing plants in the kingdom. AMP-2, which will be located in King Abdullah Economic City, is the first production facility outside the U.S. for a public investment fund-backed electric vehicle manufacturer, according to a statement. Editor/Xing Wentao
On September 16, 2026, Chinese Ambassador to Azerbaijan Rumei accompanied President Aliyev to attend the grid connection ceremony of the local 100 MW photovoltaic power plant constructed by Universal Energy. The annual power generation of the project can reach 200 million kWh, with significant emission reduction effects, and continuous deepening of practical cooperation between China and Arab countries in green energy. Editor/Min Jing
The procurement of modules for the 800000 kW Shage Desert Photovoltaic Base in Hongshagang, Minqin, Wuwei, Gansu has been finalized, with a total scale of 640.9728MWp and a minimum bid price of 0.692 yuan/W, lower than the market average price during the same period, highlighting the potential application of N-type modules in large-scale desert bases. Editor/Min Jing