During Solar & Storage Live KSA 2024 in Riyadh, China-based Antaisolar formed a joint venture with Saudi Arabia’s Bahra Electric to establish a PV mounting systems factory in Jeddah. As per Antaisolar, the factory targets 8 GW of annual production by 2025, scaling to 24 GW by 2027. Bahra Electric, founded in 2008, is a key player in the MENA region’s industrial sector, making it a strategic partner for this initiative. The factory aims to collaborate with Independent Power Producers (IPPs) and Engineering, Procurement, and Construction (EPC) companies to streamline utility-scale solar projects. According to Antaisolar, the venture will enhance efficiency by optimizing local content and ensuring maximum project uptime.
Antaisolar partners with Bahra Electric for new factory in Jeddah
The Jeddah-based factory will focus on producing solar mounting systems for large-scale utility-solar projects. (Image Source: Antaisolar)
The company currently operates 50 MW of solar capacity and has 283 MW in development in the Valencian region. (Image Source: NextPower UK)
The project will provide renewable energy to 600 residential subscribers, including low- and moderate-income households, at reduced rates. (Image Source: Chaberton Energy)
India, China, and Indonesia will lead APAC’s 57 GW dc floating solar capacity, achieving 31 GW (DC) combined by 2033. (Image Source: SOLARbytes)
EOS Capital Advisors advised Balanced Rock Power in selling its 25 MW solar project to Standard Solar. (Image Source: Standard Solar)