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Tadco Signs MoU for Potential Solar Power Project in Saudi Arabia

MT Newswires·10/05/2026 01:32:15
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01:32 AM EDT, 10/05/2026 (MT Newswires) -- Tabuk Agricultural Development Co (SASE:6040), d/b/a Tadco, signed a memorandum of understanding to explore developing a solar power generation project at its site in Tabuk, Saudi Arabia. The nonbinding MoU was signed with independent solar power producer 386 Vibrant Solar Solutions, according to a Monday filing. The potential project would have an annual capacity of 195,000 megawatt-hours. The agricultural products company said the project will allow it to generate power from renewable sources and achieve sustainable operational savings.