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ASB Project: Arctech participates in Saudi Arabia’s solar project

Arctech is providing a 1.5 GW solar tracking solution for the ASB project, contributing to Saudi Arabia's energy transition goal for its "Vision 2030." Since 2016, the Saudi Public Investment Fund has invested in alternative energy to reduce the country's projected emissions in 2030 and lower its contribution to global emissions.

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Arctech, the world’s leading provider of solar tracking, mounting structure and building integrated photovoltaic (BIPV) solutions, has announced its latest project in Saudi Arabia. The company will provide a 1.5 GW SkyLine II solar tracking solution for the ASB project, the largest solar power plant under construction in the Middle East.

The ASB project’s contribution to Saudi Arabia’s Vision 2030

The ASB project is located in the Al Shubakh district of Jeddah, Makkah, Saudi Arabia and helps accelerate the country’s regional energy transition to meet the goals of its “Vision 2030”.

The Saudi government is actively pursuing the regional energy transition, aiming for 50% of its energy to come from renewable sources by 2030, which means installing 27.3 GW of renewable energy. Since 2016, the Saudi Public Investment Fund has invested about SAR 1.5 trillion (US$400 billion) in alternative energy.

The goal is to employ clean technologies and renewable energy to reduce the country’s projected emissions in 2030 by more than 130 million tons and decrease its contribution to global emissions, which currently account for more than 4% of all emissions worldwide.

ASB project in Saudi Arabia: an opportunity for Arctech to strengthen its regional presence

Arctech has a series of tracked project portfolios in the region, including the 607 MW IBRI II project in Oman and the 2.1 GW Al Dhafra PV2 project in Abu Dhabi, among others. The company has established branches in Saudi Arabia and the United Arab Emirates to deepen localization and offer premium services to regional customers. The company has a good long-term relationship with the owner of the ASB project, ACWA Power and the engineering group CEEC.

In February, the company hosts ACWA Power and CEEC management at a business meeting at Arctech’s headquarters in Kunshan, China. During which the president of ACWA Power emphasizes the fruitful cooperation between the companies and the desire to strengthen cooperation. But also to innovate the mode of cooperation with ACWA Power within the framework of the Belt and Road initiative and Saudi Arabia’s Vision 2030, becoming a model of cooperation for the Belt and Road.

Arctech’s 1.5 GW SkyLine II solar tracking solution for the ASB project in Saudi Arabia is an important step in the company’s growing presence in the Middle East. The project will help Saudi Arabia meet its “Vision 2030” goals and reduce its carbon footprint, while showcasing Arctech’s advanced solar tracking technology and strong partnerships in the region.

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