Nextpower Inc. and Abunayyan Holding Company announced the completion of the incorporation of the previously announced joint venture, Nextpower Arabia, headquartered in Riyadh, Kingdom of Saudi Arabia. The new joint venture will accelerate the deployment of utility-scale solar power plants across the Middle East and North Africa (MENA) region, supporting national and regional renewable energy transformation objectives and Net Zero targets. As part of the new joint venture, the partners also announced a new advanced manufacturing facility in Jeddah, Saudi Arabia.
Nextpower Arabia will provide advanced tracker systems, yield management, and control solutions for installation on large-scale solar projects across the MENA region. The facility is expected to enable total manufacturing and localized supply chain capacity of up to 12 GW per year, supporting the creation of up to 2,000 jobs and development of local engineering and technical talent within the Kingdom. Currently under construction on a 42,000-square-meter site, the production facility is anticipated to open in Second Quarter of calendar year 2026 and will manufacture Nextpower?s comprehensive portfolio of solar tracking systems, adding up to 600 employees.
Nextpower Arabia combines the deep regional expertise of Riyadh-based Abunayyan Holding with the global solar technology leadership of Nextpower. Abunayyan Holding brings more than 75 years of experience developing and privatizing the operation of critical water and energy infrastructure across Saudi and the MENA region. The company was a key driver of the consortium behind the founding and growth of several development arms and forming joint ventures that bring leading technology to the region.
U.S.-headquartered Nextpower is a global leader in advanced solar tracking systems and software, with over 150 GW of trackers under fulfilment or operational across more than 45 countries worldwide. This total includes more than 6 GW of solar projects across the Middle East and Africa, such as Phase V of the Mohammed Bin Rashid Al Maktoum Solar Park in the UAE and 3 GW of Saudi landmark projects, including: 405 MWp of the Sakaka Solar Park, the Kingdom?s first utility-scale solar project,1,170 MWp Al Kahfah project,449 MWp Tabarjal project,450 MWp of the Sudair project Nextpower Arabia is well positioned to support the National Renewable Energy Program in the Kingdom of Saudi Arabia, which targets increasing the share of renewables in the country?s energy mix by 2030. Localizing manufacturing in the Kingdom will also support Saudi Arabia?s industrialization and export development plans while helping reduce the cost of clean energy for major projects across the region.
