Nextpower and Abunayyan Holding have established a joint venture, Nextpower Arabia, based in Riyadh, aimed at enhancing utility-scale solar power deployment across the Middle East and North Africa. The partnership includes an upcoming manufacturing facility in Jeddah set to produce solar tracking systems and other solutions, with a capacity to manufacture up to 12 GW per year and provide approximately 2,000 jobs. By leveraging Abunayyan’s regional expertise and Nextpower’s technological leadership, the JV supports Saudi Arabia’s National Renewable Energy Program and Vision 2030 initiatives. Funding for the venture will total around $88 million through equity and debt over two years to establish.
Saudi Infrastructure Powerhouse
The facility and develop local capabilities The recent incorporation of Nextpower Arabia marks a historic milestone in the global renewable energy landscape, representing a powerful strategic alliance between the American solar giant Nextpower and the Saudi infrastructure powerhouse Abunayyan Holding. This joint venture is not merely a corporate partnership but a cornerstone of the Middle East and North Africa (MENA) region’s shift toward a sustainable future. Headquartered in Riyadh, the new entity is set to redefine how utility-scale solar projects are executed by bringing world-class manufacturing directly to the heart of the desert.
This move addresses the surging demand for clean energy in the region, where solar capacity is projected to exceed 180 GW by the end of the decade. By integrating Nextpower’s industry-leading tracking technology with Abunayyan’s 75 years of regional operational (India) excellence, Nextpower Arabia is perfectly positioned to lead the charge in decarbonizing one of the world’s most energy-intensive markets Central to this venture is the massive 42,000-square-meter manufacturing facility currently under construction in Jeddah. This plant is a physical manifestation of the Kingdom’s industrial ambitions, designed to produce advanced solar tracking systems and sophisticated yield management software.
Saudi Economy Away
With a planned annual capacity of 12 gigawatts, the facility ensures that the massive solar parks rising across the Arabian Peninsula can be supplied with locally made, high-performance components. This localization is a critical component of the Saudi economy away from oil and establish the Kingdom as a global hub for green technology. The facility will utilize Saudi-produced steel and local labor, effectively keeping the economic value of these massive energy investments within the country while reducing the carbon footprint associated with international shipping and logistics The economic and social implications of this joint venture are equally profound, with.
The partners committing an investment of approximately $88 million (330 million Saudi Riyals) in equity and debt financing over the next two years. This capital injection is dedicated to building out the state-of-the-art facility and, perhaps more importantly, developing a highly skilled local workforce. The venture is expected to generate upwards of 2,000 jobs, providing a platform for Saudi engineers and technicians to master the complexities of modern solar trackers and digital control systems. This focus on human capital ensures that the transition to renewable energy also serves as a catalyst for professional growth and specialized education within the Kingdom.
MENA Region Pose Unique Challenges
Furthermore, the technology provided by Nextpower Arabia is specifically engineered to thrive in the harsh environmental conditions of the Middle East. Solar trackers, which allow photovoltaic panels to follow the sun’s path across the sky, are essential for maximizing energy yield in high-irradiance areas. However, the heat, wind, and pervasive dust of the MENA region pose unique challenges to mechanical longevity. Nextpower’s systems, such as the NX Horizon-XTR, are designed to handle undulating terrain and extreme weather, while the company’s digital suite offers real-time monitoring and predictive maintenance. For those interested in the broader context of these technological leaps.
Extensive data on how such innovations are lowering the levelized cost of electricity (LCOE) globally. By deploying these tools through a local entity, Nextpower Arabia ensures that regional developers have immediate access to technical support and spare parts, significantly reducing project risk and operational downtime The impact of this joint venture extends far beyond the borders of Saudi Arabia. As governments across the MENA region from the United Arab Emirates to Egypt and Oman—ramp up their net-zero targets, Nextpower Arabia will serve as a primary supplier for the entire Mediterranean and Gulf solar markets. This regional focus is vital as the world faces.
Nextpower’s Existing Regional Footprint
Volatile global supply chains. By establishing a robust, localized supply chain in Jeddah, the JV mitigates the risks of global disruptions, ensuring that critical infrastructure projects remain on schedule. The partnership builds on Nextpower’s existing regional footprint, which already includes over 6 GW of operational trackers, including landmark projects like the Al Kahfah and Sudair solar parks. This proven track record gives developers and financiers the confidence needed to scale up even larger installations, further accelerating the displacement of fossil fuels in the regional grid The launch of Nextpower Arabia is a transformative event that harmonizes global.
Innovation with local industrial strength. It represents a shift from a “buyer” relationship to a “builder” relationship, where Saudi Arabia is no longer just importing technology but is actively manufacturing and refining it. The synergy between Nextpower and Abunayyan Holding creates a formidable force in the renewable sector, one that is equipped to handle the scale, complexity, and environmental demands of the modern energy transition. As the manufacturing facility nears completion and the first locally produced trackers roll off the line in 2026, the partnership will undoubtedly become a blueprint for how other nations can localize green industries.
International Collaboration
As Nextpower Arabia prepares for its grand opening in the second quarter of 2026, it stands as a testament to how international collaboration can drive localized progress, turning ambitious national targets into tangible industrial reality. This journey toward a sustainable (India) future is well-documented by industry observers such this is more than just a business deal; it is a decisive step toward becoming a global leader in the green energy economy of the 21st century.
Q1) What is the purpose of the NextPower–Abunayyan JV?
To develop, own and operate large-scale solar power projects across Saudi Arabia, combining global investment expertise with strong local execution.
Q2) Where will the projects be located?
Across high-irradiance regions of Saudi Arabia, aligned with national grid expansion and Vision 2030 renewable targets.
Q3) What makes this partnership different?
NextPower brings global solar capital and asset management, while Abunayyan contributes deep local EPC, manufacturing, and regulatory know-how.
Q4) Will the JV support local manufacturing and jobs?
Yes. The platform is designed to prioritize local supply chains, workforce training, and in-Kingdom value creation.
Q5) How does this fit Saudi Arabia’s energy transition?
It directly supports Vision 2030 by diversifying the energy mix, cutting emissions, and improving energy security.
