Our Business


Solar Energy

The company strategic objective is to develop and invest in businesses that can benefit from GCC competitive advantages (e.g. cost of energy/feedstock, location, etc.). CDC investments are primarily targeting:

Solar Energy

a. Upstream PV – Polysilicon - (PTC)
b. Downstream PV – Ingots, Wafers and PV Cells - (MEC)

CDC, via its own initiatives and its MEC affiliate, intends to invest in the full value chain to develop a full Photovoltaic in Jubail Industrial City, Saudi Arabia. MEC is a local Saudi company jointly owned by CDC and Swicorp Joussour (www.swicorp.com), a Saudi private equity fund.