Key Takeaways:

• JinkoSolar is forming a $1 billion joint venture with two local partners in Saudia Arabia with annual capacity of 10 GW of solar cells and 10 GW of solar modules
• The tie-up comes as Chinese solar companies expand their manufacturing globally, and as Saudi Arabia diversifies its economy beyond energy

By Doug Young

Solar panel giantJinkoSolar Holding Co. Ltd.(NYSE:JKS) has become the latest to jump on a Chinese export train that's increasingly passing through the Middle East with a stop in Saudi Arabia, the region's richest country that also has big clean energy ambitions.

The...