Arctech paves the way for renewable energy in the Middle East with its expanding solar projects and strategic partnerships.
Arctech, a U.S.-based solar tracking, racking and building-integrated photovoltaics (BIPV) provider, will supply an 11.457-megawatt (MW) SkyLine II solar tracking solution for a project by Nextcom Ltd in Israel. This project represents Arctech’s first solar tracking endeavor in Israel and marks a significant milestone in the Middle East market.
Israel has been actively promoting renewable energy and has set an ambitious target of achieving 30% renewable energy by 2030. To meet this objective, the country aims to develop around 12 GW of solar plants, leveraging its abundant sunshine and solar power as the primary renewable energy source.
The Middle East: A promising hub for photovoltaic technology
The Middle East is home to abundant photovoltaic resources, characterized by consistently high levels of solar radiation throughout the region. Countries such as the United Arab Emirates (UAE), Israel and Jordan benefit from substantial annual solar radiation, with the UAE experiencing an impressive 7,920 MJ/m2, Israel receiving 8,640 MJ/m2 and Jordan receiving approximately 9,720 MJ/m2. These favorable conditions create significant opportunities for the technical exploitation of solar energy, making photovoltaic technology the ideal choice for renewable energy in the Middle East.
The Middle East Solar Industry Association (MESIA) reports that the photovoltaic market in the Middle East/North Africa (MENA) region is currently valued at approximately US$20 billion. Projections from the latest APRICORP report indicate that by 2030, the MENA region’s photovoltaic market sector is set to soar to a trillion-dollar scale. These figures highlight the immense growth potential of the photovoltaic industry in the Middle East.
Arctech’s growing presence in the Middle East
Arctech continues to strengthen its presence in the Middle East with notable projects in Oman and Abu Dhabi. The IBRI II 607MW project in Oman and the 2.1 GW Al Dhafra PV2 project in Abu Dhabi are among the trackable projects undertaken by Arctech in the region. To cater to the growing demand, the company has established branches in Saudi Arabia and the UAE, enabling localized services and fostering partnerships with global original equipment manufacturers (OEMs). This strategic move ensures efficient supply chain management and timely product delivery to meet customer requirements.
Through successful project execution, Arctech gains market familiarity in Israel, further enhancing its ability to design products that comply with local policies and regulations. The company recently had the opportunity to engage with prominent Israeli clients, including Enlight and C-nergia, at the Intersolar Europe 2023 exhibition. These engagements have paved the way for future project negotiations and collaborations in Israel, solidifying Arctech’s position in the Israeli market.
Overall, Arctech’s expanding track record in the Middle East, combined with its dedication to providing tailored solutions and building strong partnerships, positions the company as a trusted and reliable player in the region’s solar industry. By leveraging nearby resources and engaging with key stakeholders, Arctech is poised to contribute to the growth and development of the renewable energy sector in the Middle East.
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Press Release link: https://www.prnewswire.com/news-releases/arctech-made-its-first-foray-into-israel-with-11-457mw-solar-tracking-solution-301869362.html