Antaisolar, a global leader in intelligent photovoltaic mounting solutions, announced during the Solar & Storage Live KSA 2024 event the signing of a joint-venture agreement with Bahra Electric, a Saudi industrial company. This agreement marks a key milestone for Antaisolar’s presence in the Middle East, with the establishment of a new plant in Jeddah, Saudi Arabia.
The plant, located in Bahra Industrial City, covers a 500,000 square meter site, providing substantial infrastructure to support the ambitious production goals of the joint-venture. With a plan for progressive production capacity increases, the site aims to reach 8 GW per year by 2025, 15 GW in 2026, and 24 GW per year by 2027.
Strategic partnership for large-scale solar projects
The collaboration between Antaisolar and Bahra Electric stands out due to a focused approach on utility-scale projects in the solar energy sector. Their combined efforts include detailed design, logistics, and project execution with particular attention to minimizing downtime.
Gabriel Wong, Vice President of Antaisolar, emphasized the importance of this partnership for effectively entering the Saudi market. “Our joint-venture with Bahra in the Saudi Arabian solar market symbolizes the power of collaboration between local production and global innovation,” he said.
Enhancing local content and environmental impact
The partnership also aims to maximize local content, meeting the requirements of Saudi solar projects. By collaborating with Independent Power Producers (IPP) and Engineering, Procurement and Construction (EPC) companies, the plant seeks to facilitate the development of large-scale solar projects while contributing to Saudi Arabia’s energy sustainability goals.
Antaisolar, recognized as one of the top ten solar tracking system manufacturers globally, aims to continue innovating in green energy solutions. This joint project with Bahra Electric aligns with a broader strategy to strengthen the country’s energy self-sufficiency while supporting the global transition to renewable energy.