10.1 C
Berlin

Arctech inks deal for 1.5 GW solar tracker at largest solar plant in Middle East

Arctech, a leading provider of solar tracking, racking, and building-integrated photovoltaic (BIPV) solutions, has secured a 1.5 GW SkyLine II solar tracking contract for the ASB project in Saudi Arabia.

2.1 GW Al Dhafra PV2 Project in Abu Dhabi. Image: Arctech

The project, located in the Al Shubakh district of Jeddah City, Mecca, marks Arctech’s first solar tracking and racking project in the country.

The ASB project is the largest solar plant under construction in the Middle East, and is part of Saudi Arabia’s efforts to expedite its energy transition in line with its “Vision 2030” plan.

The government aims to derive 50% of its energy from renewable sources by 2030, which requires the installation of 27.3 GW of renewable energy capacity. To achieve this goal, the Saudi Public Investment Fund has invested around SR1.5 trillion ($400 billion) in alternative energy since 2016.

Arctech has a track record of successful solar projects in the region, including the 607 MW IBRI II project in Oman and the 2.1 GW Al Dhafra PV2 project in Abu Dhabi. The company has established branches in Saudi Arabia and the United Arab Emirates to localize its services and offer tailored solutions to regional clients.

Arctech has enjoyed a strong relationship with the ASB project owner ACWA Power and EPC China Energy Engineering Group Co., Ltd. (CEEC).

In February, the senior management from both companies visited Arctech’s headquarters in Kunshan, China, to discuss cooperation under the “Road and Belt Initiative” and Saudi Arabia’s “Vision 2030”.

The Chairman of ACWA Power, Mohammad A. Abunayyan, praised the fruitful cooperation between Arctech and ACWA Power on previous projects and emphasized the importance of innovation and cooperation under the Belt and Road Initiative.

spot_img

You Might Also Like

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Featured

Follow Solarbe Global on Google News
Join Our Newsletter

Industry Prices

Latest Article