On June 18, according to foreign media, Sunrev Solar (Xinlinfei) signed a contract with Teda Group to build a solar module industrial park in Ain Sokhna Industrial Zone, Suez Canal Economic Zone, Egypt. It is reported
that the project, with a total investment of 200 million US dollars and an area of 200,000 square meters, is planned to be constructed in two phases: the first phase will invest 90 million US dollars to build a 2GW battery and 2G W module factory, and the second phase will invest 110 million US dollars to localize key raw materials such as silicon ingots and wafers. The foundation of the project
was laid on June 19, and the first phase of the project is scheduled to be put into operation in the first half of 2026.
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