The newly formed NextPower Arabia joint venture has secured an order to supply 2.25 GWp of advanced solar tracking systems for Saudi Arabia’s Bisha solar project, which is being developed by an ACWA Power–led consortium, with Larsen & Toubro (L&T) serving as the execution partner.
The factory will be located in Jeddah and supply solar trackers across Saudi Arabia and the MENA region.
Saudi Power Procurement Co. (SPPC) has announced the qualified developers for the seventh round of Saudi Arabia’s renewable energy tender program, featuring four solar projects with a combined capacity of 3.1 GW.
GameChange Solar has been selected to supply its Genius Tracker 1P system for the Khulis solar PV independent power plant, being developed by ACWA Power.
A consortium led by Acwa Power, Water and Electricity Holding Co. (Badeel) and Saudi Aramco Power Co. has secured a $5.9 billion senior debt facility for seven Saudi Arabia renewable energy projects totaling 15 GW across solar and wind.
Larsen & Toubro has signed a Memorandum of Understanding with ACWA Power for engineering, procurement and construction of the renewables and grid infrastructure at the Yanbu Green Ammonia Project in Saudi Arabia.
Saudi Arabia has inked five solar power purchase agreements (PPAs) with a developer consortia led by ACWA Power covering 12 GW of new capacity. Alongside two wind PPAs totaling 3 GW, the seven projects have been billed as the largest renewable energy capacity signed for in a single phase globally.
The facility will manufacture TrinaTracker’s Vanguard series of solar trackers and smart control systems. Commercial operation is set to begin during the first quarter of this year.
Following a report in January, BYD has now officially secured the 12.5 GWh battery energy storage system (BESS) supply deal.
Scientists in Saudi Arabia have assessed the techno-economical feasibility of floating PV plants at three different dams and have found that such projects could have a return on investment of 12 to 13 years.
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