Arctech, a leading renewable energy company, has recently signed a land lease agreement with Saudi MODON for the construction of a new factory in Jeddah. This marks a significant step in Arctech’s overseas production investments, as the factory will be its second production base outside of Gujarat, India.
Spanning approximately 9700 ㎡, the Jeddah factory will focus on manufacturing high-quality photovoltaic tracking systems with a capacity of 3 GW, as well as supplying photovoltaic projects in the Middle East market. By combining its global supply chain, Arctech’s localized production will contribute to increasing the local delivery capacity to 10 GW, enhancing the resilience of the supply chain abroad.
The establishment of the Arctech factory in Jeddah will support the development of the local photovoltaic industry and create job opportunities, positively influencing the sustainable economic growth of Saudi Arabia. This agreement signals the beginning of Arctech’s implementation of the “New Silk Road” collaboration initiative. The company remains committed to its globalization strategy of “globalization, integration, and incorporation,” contributing to global sustainable development.
At the 2024 World Future Energy Summit in Abu Dhabi, Arctech showcased its cutting-edge technologies, including the SkyWings dual-row multi-point tracking system and comprehensive building-integrated photovoltaic solutions with energy storage capabilities. The SkyWings system features a patented dual-axis design that allows for parallel tracking with 25% slope adaptability and 15% higher tolerance in adjacent row installation, providing customers with improved stability, performance, and cost-efficiency in challenging terrains and harsh conditions.
Arctech’s SkyLine II, SkySmart II, and SkyWings models have also addressed challenges in large module construction by using multi-point driving mechanisms to achieve an optimal tilt angle of 0°, reducing the risk of microcracks. The triple-D shape torsion tube construction further enhances stability, minimizes wind load, and lowers installation costs, making it ideal for large modules in complex conditions.
Additionally, Arctech presented its building-integrated photovoltaic solutions with energy storage, which integrate photovoltaics and energy storage systems. These solutions can be customized for various scenarios, including office buildings and residential properties, through modular assembly, noise reduction, insulation, and portability.
Arctech will continue to provide cutting-edge technologies, exceptional products, and premium customer services to the Middle East and the rest of the world, contributing to the development of green energy in the region.
Arctech’s expansion into Saudi Arabia with the construction of a new factory in Jeddah is a significant move for the renewable energy company. By signing a land lease agreement with Saudi MODON, Arctech is demonstrating its commitment to overseas production investments and expanding its global supply chain.
The new factory in Jeddah will focus on manufacturing high-quality photovoltaic tracking systems with a capacity of 3 GW. This will not only meet the local demand in the Middle East market but also contribute to the company’s goal of increasing the local delivery capacity to 10 GW. By localizing its production, Arctech will enhance the resilience of its supply chain abroad and reduce dependence on one production base.
The establishment of the factory in Jeddah is expected to support the development of the local photovoltaic industry and create job opportunities in Saudi Arabia. This signifies Arctech’s commitment to the sustainable economic growth of the country and aligns with their globalization strategy of “globalization, integration, and incorporation”.
Arctech showcased its cutting-edge technologies at the 2024 World Future Energy Summit in Abu Dhabi. The SkyWings dual-row multi-point tracking system, with its patented dual-axis design, offers improved stability, performance, and cost-efficiency in challenging terrains and harsh conditions. The SkyLine II, SkySmart II, and SkyWings models have addressed challenges in large module construction, reducing the risk of microcracks and enhancing stability. Their building-integrated photovoltaic solutions with energy storage offer customization for various scenarios, allowing for modular assembly, noise reduction, insulation, and portability.
Despite the positive aspects of Arctech’s expansion and technological advancements, there are challenges and controversies associated with the subject. One key challenge is the competitive renewable energy market, with other companies vying for market share in the Middle East region. Additionally, logistical and operational challenges may arise during the establishment and scaling of the new factory in Jeddah.
Forecasts for the market trends in the renewable energy sector indicate ongoing growth and opportunities in the Middle East. The increasing demand for clean energy, government support for renewable energy projects, and the potential for cost reductions in photovoltaic systems are expected to drive market growth. However, the sector also faces controversies regarding environmental and social impacts, such as the use of land and resources for large-scale renewable energy projects.
Overall, Arctech’s expansion with a new factory in Saudi Arabia presents opportunities for the company to increase its production capacity and contribute to the development of green energy in the region. However, it will also face challenges associated with competition, logistics, and operational efficiency.
For more information on Arctech’s expansion and the renewable energy market trends, you can visit the following link: Arctech Solar.