TOKYO -- Japanese trading house Marubeni looks to open a megasolar plant in Saudi Arabia by June 2023, the company's first solar project in the country and fourth in the Middle East. Marubeni has formed a joint venture with Saudi utility Al Jomaih Energy & Water for the plant, to be built in Mecca Province. The Rabigh solar plant will carry a capacity of 300 megawatts and sell power over a 25-year period. It will serve an industrial region, and Marubeni will handle construction, maintenance and operation.