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Nextpower Arabia to Supply 2.25 GW of Smart Solar Trackers to L&T for ACWA Power Consortium’s Bisha Solar Project
First landmark project to be fulfilled through newly formed Nextpower Arabia joint venture; localized production to support Saudi National Renewable Energy
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[{"type":"text","content":"\nFirst landmark project to be fulfilled through newly formed Nextpower Arabia joint venture; localized production to support Saudi National Renewable Energy Program\n\n\n RIYADH, Saudi Arabia--(BUSINESS WIRE)--\nNextpower Arabia, the newly formed joint venture between Nextpower (Nasdaq: NXT, formerly Nextracker) and Abunayyan Holding, today announced it will provide 2.25 gigawatts (GWp) of advanced solar tracking systems to Larsen & Toubro (L&T) for the Bisha Solar project, one of the largest utility-scale solar plants being developed by an ACWA Power-led consortium. The project was procured by the Saudi Power Procurement Company (SPPC) as part of Wave 6 of the Kingdom’s National Renewable Energy Program (NREP) overseen by the Ministry of Energy.\n\nThis press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260127985248/en/Flagship NX Horizon solar tracking system, deployed well over 150 GW globally and engineered for maximum uptime, energy yield, and resilience\nLocated in the Asir Province, Bisha is the largest of the Wave 6 solar projects. The project represents a significant addition to Saudi Arabia’s expanding utility-scale portfolio and supports the Kingdom’s long-term energy and decarbonization objectives. This new 2.25 GWp order is the first major project to be fulfilled through the Nextpower Arabia joint venture, now fully operational.\n\n\nThrough localized sales, manufacturing, delivery and supply chain capabilities, Nextpower Arabia will support the efficient deployment of utility-scale solar power plants, while advancing industrial development and workforce development in the Middle East and North Africa (MENA) region.\n\n\nBharathi Kumar, general manager (Renewable International), L&T, said, “We have tremendous confidence in Nextpower Arabia to provide the most advanced utility-grade solar solutions that will help us deliver maximum performance and low-cost clean energy through the new Bisha Solar Plant long into the future. Localizing the production of these new systems that will form the foundation of the Bisha plant will deliver greater efficiencies throughout the development process while reducing the cost and impact of international shipping.”\n\n\nDan Shugar, founder and CEO, Nextpower, said, “The MENA region is a top strategic priority for Nextpower. This pr...