Articole | | Încărcat de: Mohan Gupta
Nextpower Arabia Joint Venture To Boost Solar Manufacturing And Capacity In Saudi Arabia
Nextpower and Abunayyan Holding have completed the formation of their new joint venture called Nextpower Arabia, headquartered in Riyadh, Saudi Arabia. The partnership aims to speed up the growth of utility-scale solar power projects across the Middle East and North Africa. Both companies say the joint venture will support national and regional renewable energy goals as countries in the region work toward Net Zero targets.
Along with the joint venture announcement, the partners revealed plans for a new advanced manufacturing facility in Jeddah. This factory will produce solar tracking systems, yield management tools, and control solutions for large solar installations across the region. Once fully operational, the facility is expected to support a manufacturing capacity of up to 12 GW per year. It will contribute to job creation by generating as many as 2,000 jobs and helping grow engineering and technical skills in Saudi Arabia. The site is currently under construction on a 42,000-square-meter plot and is scheduled to open in the second quarter of 2026. When operating at full scale, it will employ about 600 people and manufacture the full range of Nextpower’s solar tracking technologies.
Tag-uri: Eficiență Energetică