American tracker manufacturer NextPower, formerly Nextracker, and Abunayyan Holding have completed the establishment of their joint venture in Saudi Arabia.
NextPower Arabia will support the deployment of NextPower’s photovoltaic and tracking technology solutions in Saudi Arabia and the Middle East and North Africa (MENA). Headquartered in Riyadh, the joint venture will also set up a solar tracker manufacturing plant in Jeddah with an annual capacity of 12 GW.
The factory is currently being built on a 42,000 m² site, the two companies said in a joint statement. It will create up to 2,000 jobs and strengthen the local supply chain. NextPower will source nuclear materials, including steel produced in Saudi Arabia, through unspecified strategic partners and support domestic production.
When operational in the second quarter of 2026, the plant will provide advanced tracking, performance management and control solutions for large-scale projects in the region. Abunayyan brings regional experience in the operation of critical water and energy infrastructure in Saudi Arabia and the MENA region.
Other solar tracker manufacturers, such as Spain-based PVH, also have production facilities in Saudi Arabia. PVH opened a factory in 2020, which was expanded to a capacity of 8 GW in 2022. The company received Local Content Certification from Saudi Arabia in 2023.
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