Image: Nextpower
Solar PV solutions provider Nextpower, formerly known as Nextracker, has finalised the formation of its Saudi joint venture, Nextpower Arabia, marking a key step in its regional expansion strategy and localisation efforts.
The joint venture is developing a solar tracking systems manufacturing facility in Jeddah, Saudi Arabia, which is currently under construction and expected to begin operations in the second quarter of 2026, according to the company.
Manufacturing Capacity and Local Supply Chain
The manufacturing facility will be built on a 42,000-square-metre site and is designed to support an annual supply capacity of up to 12 GW of solar tracking systems. Once operational, the plant will serve utility-scale solar PV projects across Saudi Arabia and the wider Middle East and North Africa (MENA) region.
Dan Shugar, founder and CEO of Nextpower, said Saudi Arabia represents a strategic market for the company as it expands its ability to support customers across the Middle East.
Joint Venture with Abunayyan Holding
Nextpower first announced the joint venture with Saudi-based energy company Abunayyan Holding in October 2025. The partnership aims to accelerate the deployment of utility-scale solar PV projects while strengthening local manufacturing and technical capabilities in the region.
Over the next two years, the partners expect to invest nearly US$88 million through a combination of equity and public and private debt financing. The funding will support construction of the manufacturing facility as well as the development of high-skilled engineering, technical, and operational capabilities.
Expanded Solutions for Utility-Scale PV
Beyond manufacturing advanced solar tracking systems, Nextpower Arabia plans to provide yield management and control solutions tailored for large-scale solar PV installations across the MENA region, enhancing plant performance and long-term operational efficiency.
Turki Al-Amri, CEO of Abunayyan Holding and Chairman and CEO of Nextpower Arabia, said the facility represents the first step in a broader strategy to localise the solar supply chain, strengthen regional partnerships, and deliver highly efficient and cost-effective clean energy solutions.
