Solar Energy Momentum Building in the Middle East as Qatar Banks Finance $1.1 Billion Polysilicon…
Local banks have come together to finance Qatar’s first solar-grade polysilicon production plant, a planned $1.1 billion, 8,000-metric-ton facility being built by Qatar Electricity and Water (QEWC), and Qatar Solar Technologies (QSTec), a joint venture of the Qatar Foundation that supports efforts to transform the Gulf Coast country’s economy from a carbon-based to a knowledge-based one.